Commission launches two initiatives to strengthen financial literacy in the EU

Today, the European Commission is taking another step to improve financial literacy across the EU by launching two initiatives under the financial literacy strategy for the EU. Together, they promote the uptake of successful practices and improve the quality of financial literacy activities in the EU.

First, the Commission is launching a call for submissions of successful financial literacy initiatives to identify and collect best practices across the EU. Individuals and organisations can submit information on existing projects in the areas of investing, saving, and financial risk literacy by 30 October 2026. The Commission will analyse the submissions against three criteria set out in the template to identify common themes and key factors that contributed to the success of the initiatives. The findings will be presented in a synthesis report for Member States to select the best practices that will be discussed at the end of 2026 at a meeting of the GEGRFS (Government Expert Group on Retail Financial services) subgroup on financial literacy.

Secondly, the Commission is looking for stakeholders willing to participate in a roundtable that will provide input to a voluntary European code of conduct for private and not-for-profit organisations promoting financial literacy. The Code will help ensure that initiatives have transparent objectives, offer accurate and unbiased content, and include safeguards to mitigate conflicts of interest. The call will remain open until 16 September. Selected stakeholders will be invited to participate in a series of meetings to support the development of the code, which is expected to be adopted in the first quarter of 2027.

Related links

Call for application on the exchange of best practices on financial literacy

Call for applications for the selection of members of the stakeholder roundtables on the EU code of conduct

More about financial literacy