Italian households are failing to transform their savings into company capital. This is according to a study delivered last week in Rome. According to the research, Italian households possess over €6 trillion in financial assets, of which approximately €1.6 trillion is held in current accounts. Less than 0.7% of this amount is invested in listed shares of domestic companies. The report pinpoints challenges for businesses, including their reliance on bank credit and their low likelihood of listing, as well as for savers, who are penalized by the crowding out of public debt and a financial culture that remains weak. The concepts include automatic micro-savings through consumption, a "Cash Forward" pension fund, and a long-term "student endowment". Angelo Camilli (Confindustria) estimates that mobilizing even 1% of current account savings would result in an infusion of almost €25 billion.