European financial literacy network

Financial literacy is crucial for Europeans to successfully navigate the complexities of today’s financial landscape.

During the ECB’s International Women’s Day event on 7 March 2025, President Lagarde, panellists and participating national central bank Governors agreed to deliver on the following five commitments to close the gender gap in financial literacy.

1. Be a voice for change and keep raising awareness in the respective countries, institutions and communities.
2. Create a central bank financial literacy network focusing on promoting financial literacy, addressing the gender gap and sharing best practices and resources for collective action.
3. Include national competent authorities in the network, leveraging their consumer protection function.
4. Develop a comprehensive and harmonised dataset across Europe, extend data collection to countries that lack these data and create standardised measures for financial literacy.
5. Enhance financial literacy efforts in three key teachable moments of a person’s life: (i) early education, (ii) taking out a major loan (e.g. buying a house or starting a business), and (iii) building a pension.

This page showcases national efforts to improve financial literacy across Europe. These initiatives aim to provide individuals with knowledge and skills to make informed financial decisions.