The European Commission denied « Revival » and accused her of lying for taking away the savings of citizens

The European Commission has identified as « false and misleading » the claims of « Revival » that it is envisaged to seize the savings of individuals and their redirecting to re -operate Europe.

In recent weeks, Revival MEP Rada Laikova has given interviews and statements stating that after Bulgaria’s entry into the euro area, bank savings will be withdrawn if they are not spent up to six months, and that private money for citizens will be diverted for European projects, including EU programs.

The Commission denied both allegations on Friday, saying that « European citizens have full freedom to invest their savings where they want. »

He added that « the Union of Savings and Investment gives more choice and information so that they (citizens) have a better opportunity to invest in the capital markets if they decide, as well as according to their needs. »

Adding that « the goal is for citizens to give a better choice in order to enjoy high returns and to build well-being for their families. »

In March, the European Commission adopted a strategy for the degeneration of the Union for Savings and Investment, which provides for bank deposits holders to hold most of their savings in capital market instruments that have higher returns than bank deposits.

In the strategy, the Commission says it is yet to propose initiatives to stimulate investments in economic sectors of critical importance to provide capital for them, as well as to facilitate access to capital for businesses, including small and medium ones.

In order to achieve this, she plans to propose the elimination of supervisory obstacles to cross -border operations, assets management and fund distribution.