The EU faces major financing needs, inter alia due to the green and digital transitions. Future investments in particular are often associated with increased risk. The deepening of the Capital Markets Union and the creation of a Savings and Investment Union are supposded to remedy this situation. But how should it be designed so that it meets the expectations and benefits everyone? What are the limits and risks? This was discussed at an event hosted by the European Economic and Social Committee. Moreover, it is clear that even a "completed" Capital Markets Union can never be a substitute for the public investment that is now needed.