Central Bank hosts financial literacy event as Europe pushes to redirect savings into investment

The Central Bank of Cyprus held an event on financial literacy yesterday, bringing together the governors of the central banks of Cyprus and Greece to discuss the challenges facing Europe in channelling citizens’ savings into productive investment.

The round table was moderated by University of Cyprus Professor Andreas Milidonis and held against the backdrop of efforts to advance the European Savings and Investments Union, which aims to direct the savings of European citizens towards...