To mark March 15—World Consumer Rights Day—the Institute for Financial Literacy, in collaboration with the University of Piraeus, announces the establishment of National Financial Literacy Day, with the aim of highlighting the importance of financial education and responsible financial behavior among citizens.
In an era of increasing economic complexity, where citizens are called upon daily to make decisions regarding consumption, saving, borrowing, and investing, knowledge of basic financial concepts is an essential life skill. Financial literacy enhances citizens’ ability to better understand the economic environment, avoid pitfalls, and make more rational decisions about their future.
Linking this initiative to World Consumer Day highlights the close connection between the informed consumer and the financially literate citizen, who can evaluate their financial choices with knowledge and responsibility.
As part of this initiative, a series of innovative awareness and educational activities will be developed, targeting schoolchildren, students, and citizens, with the aim of strengthening financial literacy in the country.
Statement by the Rector of the University of Piraeus, Professor Michalis Sfakianakis
The University of Piraeus, in partnership with the Institute of Financial Literacy, is taking the lead in establishing this National Day, transforming specialized knowledge into a useful life tool for every citizen. In an ever-changing international economic environment, financial literacy is a powerful asset for the well-being of our society.
With the establishment of National Financial Literacy Day, the University of Piraeus reaffirms its leading role in the production and dissemination of knowledge and joins forces with the Institute in an effort to build a culture of responsible financial behavior, where citizens’ decisions are made with awareness, security, and a vision for the future.
Statement by Professor Nikolaos Filippas, President of the Institute of Financial Literacy
“In a period of international economic challenges, rising costs of living, and rapid technological changes in financial services, financial literacy becomes a powerful tool for protecting citizens and a key mechanism for their social and economic mobility.
The establishment of National Financial Literacy Day aims to highlight that financial literacy is not the privilege of the few, but a fundamental right of all citizens. An informed and financially literate consumer can contribute significantly not only to their own economic well-being, but also to the creation of a healthier, more resilient, and more inclusive economy.”