The proposal for the establishment of a National Strategy for the promotion of Financial Literacy and Financial Education in Cyprus is in its final stage and will be submitted to the Council of Ministers for adoption by the state soon, announced the Governor of the Central Bank of Cyprus (CBC) Constantinos Herodotou, stressing that it is "very important that the State itself has already set the National Strategy for Financial Literacy as one of the actions that will be supported by the Recovery and Resilience Plan, as this gives the opportunity to integrate and finance many related actions with multiple benefits for Cypriot society and its citizens".
For his part, Bank of Greece Governor Yannis Stournaras stressed the need for increased levels of financial literacy, especially in
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