2 minute read
Greece
by OECD-DAF
Participating organisations: Hellenic Financial Literacy Institute, Hellenic Bank Association (HBA), Ministry of Education and Religious Affairs, 15 gymnasiums, 12 high schools (upper secondary schools), experimental School of Quality Net Foundation Total number of participating organisations: 41 Number of children and young people reached directly: 530 Number of adults reached directly: 340 Number of people reached indirectly: 16,011
Throughout GMW 2021, the Hellenic Financial Literacy Institute reached directly 270 children and youth. Over 15.011 young people were reached through several digital activities such as a short personal finance course, educational sessions at schools, a webinar, a launch of a book, articles at the press, and a survey during the Campaign week. Due to COVID-19, financial literacy awareness sessions and all other activities were offered for children, youth and for adults, only through digital means. This included high-level discussions during the webinar “Financial Literacy Enhancement in Greece”, where the Governor of Central Bank of Greece delivered opening remarks. Speakers included representatives from the Ministry of Economy, the Athens Stock Exchange and professors in Finance from the Universities of Piraeus in Athens, Greece, Glasgow in the U.K. and Frankfurt, Germany. Moreover, the webinar included the launch of the book “Financial Glossary for Kids.”
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Throughout the Week, young people were able to engage educational sessions through presentations by the Chairman and Founder of the Hellenic Financial Literacy Institute. Students from eight schools explored various personal finance matters. Furthermore, this year university students had the opportunity to participate in online personal finance minicourse that gave them the opportunity to understand better on how to handle their finances. Also, financial literacy articles were published in press on Kathimerini and euro2day.gr. The articles highlighted the importance of establishing a national financial literacy strategy in Greece and creating financial education programs and initiatives due to low levels of financial literacy that were revealed by a recent survey.
The Hellenic Bank Association (HBA) participated for the seventh consecutive year in European Money Week and for the third year in Global Money Week by organising various activities for students of ages between 10 to 15. The European Money Quiz was the fourth National Competition held with the support of the Ministry of Education and Religious Affairs on March 23rd. The competition was conducted online with 305 students participating from 27 schools from around Greece.
Educational materials for students, theirs teachers and parents were made available by HBA through the programme called “Experiential School of Quality Net Foundation.”
Through these initiatives, the Hellenic Bank Association aims to make financial education accessible even in the most remote areas of Greece. The European Money Quiz dedicated website here and the Experiential School Programme website here remain active throughout the year so that games and educational materials can be accessed by all students, teachers and parents.