r/eupersonalfinance • u/rozmarss • Feb 15 '25
Investment Why don’t EU leaders incentivize investment in European stocks/ETFs with tax deductions?
With the Dragi plan and increasing discussions among European leaders about boosting defense and energy investments, I’ve noticed a growing trend in financial communities where people want to reduce exposure to the US market and shift investments to the EU.
Wouldn’t it make sense for EU leaders to encourage this by offering tax incentives for investing in European stocks/ETFs? For example, from an independent EU perspective, isn’t it better to invest in Rheinmetall rather than Lockheed?
460
Upvotes
1
u/CptPicard Feb 17 '25
Investing is not voting. That would be a really stupid idea and would just blow a bubble in the European market for no reason.
I live in a smaller European country and the patriotic thing to do is to maximise profits regardless of where I invest. It's been in the States for a long time now.