Why is it important to bring the data capital back to Europe?
There are a number of reasons for this, but we only have room to mention a few. In principle, it can be said that data capital generates real capital. When investing in companies or trading stocks, both the ownership of data and the company’s ability to handle data are evaluated. If data capital flows back into Europe, then more real capital will be invested in European companies, the market value will increase, and it will also increase turnover and profits. This creates and safeguards jobs, while also increasing tax revenues. Pension funds and life insurers can also generate better interest rates, as some of them refinance on the stock market. If they can do this within the Eurozone, they no longer have to worry about an exchange rate risk. This is a simplified idea, but in essence what’s clear is that there is more fuel in the tank of the European Economic Area.