r/europe Europe 13h ago

News Von der Leyen: €300 billion in European savings flown overseas every year, primarily to the US, will be invested in Europe from now on. All 27 EU states agreed to establish the S&I Union, a step toward the full Capital Market Union

https://streamable.com/4h43qk
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u/SendoTarget 11h ago

Also if you're buying anything that pays a dividend within EU, even with double-taxation treaty only Nordics (besides Norway) automatically applies it so they don't withhold funds. With Germany also you need to go to their official sites and ask for the extra to be returned and that process can take years....

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u/UnblurredLines 7h ago

Germany and behind the curve on tech convenience/automation, name a better combo.

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u/qiwi Denmark 5h ago

And ironically even it takes years it's not because of good control, you can lie about it and defraud eus for billions. This was the CumEx affair (hehee).