no, it's about using this money, this cash in the accounts as collateral, just like the banks do when they give new loans, then they leverage their customers' holdings. the principle could be that the European Union puts this customer money or part of this customer money as fictitious collateral in a new fund which then bears the colorful name: 'European Fund for Peace and Democracy', for example, and then places this as bonds on the markets to leverage the existing cash deposits, covered by the taxpayers.

TomK

econ

Geopolitics: Lagarde warns of capital flight out of the eurozone

So could you explain this like I don't have much background in finance? What does this sentence from the article actually mean: 

"These are household savings sitting idle in current accounts, which could be put into the economy to stimulate a eurozone grappling with liquidity needs that states cannot guarantee."

Are they talking about "bail-ins" or something else? If it were bail-ins, seems like they wouldn't talk about it in advance...