Where do Cypriots invest?
Investment trends revealed: Real estate leads, financial literacy lags
A recent study by Freedom24 has shed light on the investment preferences of Cypriots, revealing a strong inclination towards real estate ...
Redefining Financial Literacy: How Gen Z and Gen Alpha are Shaping the Future
Generation Z and Generation Alpha, the youngest and most tech-savvy cohorts, are reshaping the financial landscape. Gen Z, born between 1996 and 2010, has now surpassed Millennials as the majority generation globally. ...
Tackling the global threat of poor financial literacy
By Elena Karkoti
Surveys consistently highlight low levels of financial literacy across the EU and worldwide and CySEC’s own analysis confirms this. Given the importance of finance in today’...
Hellenic Bank: Training customers to make life easy for themselves
Managing your finances isn’t just about tallying your income and expenses. It’s what will determine your financial future and ensure a comfortable living standard after retirement. However, evolving ...
The importance of financial literacy grows with rise of DIY investing
The global pandemic may be behind us but its effects are still being felt across a number of sectors. In finance, it highlighted the risks of DIY investing, with retail ...
A third of Cypriots are ‘financially fragile’
A third of Cypriots are “financially fragile” and are unable to cover emergencies, the University of Cyprus’ Economics Research Centre (CypERC) said on Wednesday.
The findings were unearthed as the ...
President targets 2024 for national financial literacy drive
President Nikos Christodoulides on Thursday stressed the need to take measures against financial illiteracy within society, underlining the need for collective action to tackle the issue.
Speaking at the Presidential ...
Average score for financial literacy in Cyprus below OECD minimum
There is a correlation between financial literacy and financial stability, according to experts taking part at the International Conference on Financial Literacy and Education in Cyprus organised by the Central ...
Financial literacy should be compulsory for high-school students, academic says
Financial literacy classes should be compulsory for all secondary school pupils to give future adults the necessary life skills, an academic advising the government on the issue told the Cyprus ...
Low level of financial literacy among Cypriots
Four in 10 people in Cyprus do not budget for their expenses, according to a survey by the Central Bank of Cyprus (CBC) which laid out the problem of low financial ...
Financial literacy committee to present findings
An ad hoc committee set up to draft a national strategy to promote financial literacy is expected to present the findings of a central bank study during a webinar on ...