The European Money Quiz back in Brussels to boost financial literacy
- Kiril Kitevski I Kristijan Lazaroski from Primary School “Mite Bogoeski” from Resen in Brussels
- Greece home the win of Europe’s biggest financial literacy quiz
On May 16, for the first time since 2020, students from 28 European countries joined in Brussels for the finals of the European Money Quiz, the annual international financial literacy competition hosted by the European Banking Federation (EBF). More than 37,504 teenagers across Europe played the quiz with finalists from Greece, Poland, and Portugal taking the 2023 podium.
The European Money Quiz is Europe’s biggest financial literacy competition for 13 to 15-year-old students, attracting up to a million plays on Kahoot every year. Launched alongside the European Money Week campaign in 2017, it is part of the EBF’s financial literacy initiatives, spotlighting the importance of financial education for young people to lead better and more secure life.
“It was amazing to welcome back quiz participants to Brussels and feel the energy of this incredible community of young people eager to boost their financial skills and learn about digital banking, cybersecurity, and sustainability in banking”, says Wim Mijs, Chief Executive Officer of the EBF. “Ukraine also joined our quiz for the first time this year, showing its tremendous commitment to financial literacy. Amid challenging circumstances, financial education remain a priority and we are happy to see our work and that of our members contributing to put these skills in the spotlight.”
Participants were asked about their knowledge of personal finance with a focus on long-term planning, savings, cryptocurrencies, cybersecurity, and online scams as well as credit and management of income. All the questions have been drafted in alignment with the OECD/INFE guidelines and core competencies on financial literacy for the youth.
Participating countries include Albania, Austria, Czech Republic, Denmark, Estonia, Finland, Germany, Greece, Hungary, Iceland, Ireland, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, Norway, Poland, Portugal, Republic North Macedonia, Romania, Serbia, Slovakia, Slovenia, Spain, Sweden, and Ukraine.
Kiril Kitevski and Kristijan Lazaroski, under the mentorship of Sonja Strezovska, secured their participation in European Money Quiz in Brussels by winning the national competition organized by the Macedonian Banking Association in cooperation with the National Bank and the Securities Commission.
