Progetti Europei:

Across European Union member states, financial literacy levels range from as high as 71% for the population in Scandinavian countries to as low as 13% in the southeast of Europe, according to the standard & Poor’s Rating Services Global Financial Literacy Survey – the world largest, most comprehensive global measurement of financial literacy.

Furthermore, according to the OECDN/INFE 2020 international Survey of adult Financial Literacy about a half of the EU adult population does not have a good enough understanding of basic financial concepts. The groups that are most affected by the problem of financial illiteracy are low-income groups, young people, and older people, among others.

Therefore, in the light of the current global financial – economic scenario, in which countries are experiencing economic crisis driven by COVID 19 pandemic, and in the light of the increase in financial frauds there is an urgent need to equip low financial literature adults belonging to rural areas with financial knowledge and skills.

The main aim of the project is to equip low financial literate adults (both employed and unemployed) belonging to rural areas with a specific and digital Financial Literacy learning process (e.g., Virtual Escape Room), in order to improve their individual financial wellbeing by enabling them to make sound financial decisions during their everyday life and/or for their businesses. The Escape Room Model – through the development of real-life scenarios – will support a more engaging and active understanding of financial topics.