CBC governor calls for compulsory financial literacy lessons

Central Bank of Cyprus (CBC) governor Christodoulos Patsalides has called for the introduction of a standalone and compulsory financial literacy course in schools, arguing that stronger financial education is essential to prepare young people for the challenges of an increasingly complex economic environment.

In an article entitled “Investing in the financial literacy of the new generation”, the governor said that the issue of financial education and its role in shaping responsible attitudes...