Good afternoon, everyone.

I am delighted to participate in Global Money Week.

This years theme, “think before you follow, wise money tomorrow”, emphasizes the importance of critical thinking and financial literacy, especially in the digital world.

Social media significantly impact our financial decisions, and it is essential to be aware of the influences of so-called finfluencers.

We need to learn to critically evaluate information and understand that not all advice is reliable.

This is why its important to invest in our own financial education.

As European Commissioner for financial services, I will soon propose a strategy for financial literacy, along with the Union of Savings and Investment Banks strategy.

It is crucial that young people and all citizens have the knowledge and skills to navigate the financial world effectively.

Thank you for your attention.