Croatian Banking Association: Young people want the euro, we will help them learn as much as possible about the new currency

Investment decisions we do not bring it because we are convinced that something is good. It is important that we always know why we are investing something, what we expect from it and what can happen in the future, that we know how to predict how we will position ourselves even in the worst case scenario, she said doc. dr. sc. Andrea Lucic from the Faculty of Economics in Zagreb at this year’s round table on the occasion of the European Money Week organized by the Croatian Banking Association (HUB) and 24sata.

March 21-25, European Money Week, an annual initiative to promote financial education across Europe, was also marked in Croatia. HUB has dedicated many activities to young people this year as well. In a year in which the world is experiencing another economic crisis, in which we are globally shaken by the war in Ukraine, after two years of uncertainty over the Crown epidemic, it is extremely important to provide young people with knowledge of financial literacy. Next year will also be marked by Croatia’s entry into the eurozone.

These topics were touched upon by the participants of the round table on financial literacy. The Croatian Association of Banks continues with youth education projects, in cooperation with many organizations, such as the Štedopis association.

– We strive to cooperate with citizens and monitor the needs of young people. As for the euro, the intensive campaign will start six months before the introduction of the euro, and one year after. We will enable citizens to find out all important and useful information related to their deposits and loans, and until then, in cooperation with student associations, we strive to stimulate discussion, so that everyone can make their own informed conclusion – he said Ivan Hrvoje Maljković iz HUB-a.

The people of Vinkovci are competing in the finals of the quiz

One of the projects aimed at young people this year was the European Money Quiz. It is a project of the European Banking Federation whose goal is to improve the financial literacy of children and young people across Europe by learning and preparing for the quiz.

The national quiz was on Wednesday, March 23, and the winners are 7th graders Ivan Mažuranić Elementary School from Vinkovci, with mentor Mirjana Javor. They will compete in the European final competition on May 10, organized by the European Banking Federation (EBF). The five best teams in the European competition will travel on a two-day trip to Brussels.

‘Young people are much more flexible’

Second and third place At this year’s quiz, the first grade students of the Ruđer Bošković Technical School from Zagreb, with their mentor Marija Samardžija, and the first grade students of the Ivanec High School, with their mentor Davor Žukin, took part.

The Ministry of Science and Education has been systematically working on the development of financial literacy among young people for years.

– We live in a system that is changing very quickly and we need all the education to survive. The younger generations have an advantage because they are much more flexible, but the older ones are more responsible. Young people under 19 need financial education the most because of many elements, they are more carefree, they are still in the care of their parents – he said Momir Karin Director of the Directorate for Support and Improvement of the Education System from the Ministry of Health.

‘Young people like to explore’

He pointed out that the Ministry finances the projects of non-institutional education associations, so last year 600,000 kuna was set aside for the programs of five associations.

One of such initiatives is the project group Fintelligent within the student association Financial Club from the Faculty of Economics in Zagreb. Lucija Turkovic the leader of the initiative, said high school students respond well to their workshops.

– It is best to interest young people through projects, extracurricular activities, research. It would be good for them to work on projects that would allow them to feel for themselves what a financial blow means, what inflation is, how to cope with specific situations – concluded Lucija Turković.

By Editor

Leave a Reply