How do you manage your money? What is a bank? Where does money come from? How does finance affect your future?
Children and young people from across Europe take a shot at answering these important questions in this European Money Week video.
European Money Week seeks to promote financial education and literacy.The week is an initiative of national banking associations in more than twenty European countries under coordination of the European Banking Federation. You can learn more at https://www.ebf.eu/europeanmoneyweek/
This video was produced by Fondazione per l’Educazione Finanziaria e al Risparmio in Italy, with support from the banking associations in Luxembourg, Denmark and Portugal, and children at various schools in these countries. The parents and schools of all the children in this video have given permission for use of this video for the purpose of European Money Week.
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Eurostat’s preliminary flash estimate of a quarter-on-quarter decline in GDP of 12.1% makes for sobering reading, writes Chief Economist Philip R. Lane in #TheECBBlog. Together with the 3.6% decline in Q1, the cumulative decline in output in the first half of 2020 was 15.3% 1/2
The EBF is the voice of the European banking sector, bringing together national banking associations from 45 countries. The EBF is committed to a thriving European economy that is underpinned by a stable, secure and inclusive financial ecosystem, and to a flourishing society where financing is available to fund the dreams of citizens, businesses and innovators everywhere.
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