The Identity of the Institute

Hellenic Financial Literacy Institute

The Hellenic Financial Literacy Institute was established in February 2016. It is the first non-profit company in Greece devoted to the dissemination of the financial knowledge and the fight against financial illiteracy.

During its short period of operations, the Institute has already undertaken several actions to promote the value of financial education in the life of citizens, by organizing special informative events at all levels of the Greek educational system, carrying out continuous scientific research, creating high quality modern educational material and building strong international partnerships. These actions will make a decisive contribution to the creation of a long-term national strategy to combat financial illiteracy in our country and beyond.

The Institute, through its initiatives, addresses all social groups with emphasis on children and adolescents. At the same time, it develops actions for other vulnerable social groups, such as women, pensioners and immigrants.

The long-term goal of the Institute is to create a new generation of informed and financially responsible citizens. We envision a society where the citizens, without any financial exclusion, will have the knowledge and skills to better understand the “big picture” of the economy, the usefulness of financial products and the functioning of markets, so as at every stage of their life, they will be able to make the best decisions for the efficient management of their money.

In this way, the citizens will improve the level of their individual and family financial well-being, which is a prerequisite for the sustainable prosperity of every society.

Our values

In the great book of the American economists Darron Azememoglu and James Robinson, Professors at the Massachusetts Institute and Harvard respectively, titled “Why nations are failing,” the importance and contribution of the effective functioning of institutions to the well-being of citizens emerges. In Greece, the widespread economic crisis and chronic stagnation have been caused to a considerable extent by the weakening of the institutions and values.

The purpose of the Institute over time is to promote values such as excellence, meaningful knowledge and responsibility. Our commitment to these values will act as our guide for action and we believe that with our well-coordinated actions we will be able to make a decisive contribution to the well-being of the citizens.