JUST IN - EU President Ursula von der Leyen says that people's savings accounts are a problem

VIDEO AT LINK. FRENCH TO ENGLISH TRANSCRIPT: 0:00 Savings. 0:02 Unfortunately, these savings are idle. 0:05 Today, €10 trillion in household savings remains in bank deposits, 0:14 and a significant portion of European savings is invested outside our continent. Europe must now 0:23 put these funds to work for our companies—and that is the goal of the Savings and Investment Union. 0:32 We have put proposals on the table regarding securitization, investments by banks and 0:40 insurance companies, and the integration of our markets and their supervision. 0:48 Together, these measures can unlock up to €470 billion in additional investment.