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George Karageorgos, Director of Freedom24 Greece, shared his views on the investment habits of Cypriot households in an interview with Economy Today. The discussion highlights why the local savings model is under pressure and why access to capital markets is becoming increasingly important for preserving purchasing power in an inflationary environment.
Commenting on the current situation, George Karageorgos notes that “The overconcentration of household funds in low-yielding bank deposits is a problem not only for Cyprus, but for the whole of Europe.” He explains that limited financial education, restricted access to simple investment solutions and misconceptions around risk continue to keep many households away from market returns, even as global wealth creation increasingly shifts toward capital markets. 📊
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