Situation is similar in Portugal, you're lucky if you can find something that gives you ar least the inflation rates. Still, better than a few years back, when one of my backs was offering a product with locked money for 6 months for a whooping 0,000% return (and no, it's not a typo...).
With the crazy rate of inflation in europe right now it's hard to keep up with the price of living.
If only we could find a better way to generate returns and increase the bank roll. I'm constantly looking but apart form crypto not much else is out there.
I'm now starting to invest in etfs with accumulation, since they have compound interests. And there are retirement funds that have tax benefits here, with the bonus that the tax on profits is much lower if you hold it for 8+ years than in regular stocks (28% tax vs 12%, I think). Guess each country will have different nuances, it's always good to have some diversification.