EU looks to Sweden as model for investment

Sweden’s retail-trading base is 'among the best in the world' due to the ease with which people have been able to invest in listed companies

Sweden has a strong history of fostering successful start-ups including Spotify and Klarna. Picture: Gabby Jones/Bloomberg

The European Union wants to unleash trillions of euro in household savings by encouraging people to invest in capital markets, and it sees Sweden as the template.

Europe will soon detail its plan to mobilise citizen funds sitting in bank deposits as part of its savings and investment union.