The role of civil society in improving financial literacy

Practical information:

Composition of the study group

Administrator in charge: Sergio LORENCIO MATALLANA / Assistant:  Ariadna GRILO CANDA

Contact: E-mail

The European Commission published a Strategy on financial literacy in 2025 contains a number of non-legislative actions to support Member States in the overall objective of improving financial literacy. The Commission expects that more financial literate citizens will lead to more retail participation in capital markets, to better channel savings into productive investment and to higher financial well-being and consumer protection. 

In this context, the European Commission has requested the EESC to contribute with its views and recommendations on the role that initiatives from civil society can play in improving financial literacy. This includes in particular sectorial organisations, trade unions, companies and civil society organisations.

The EU Youth Test at the EESC is being applied to this opinion. Human Development Research Initiative (HDRI) was chosen by a group of interested youth organisations to represent all of them during the opinion-making process.