27
Apr
2026
Watch
Financial literacy and the rise of finfluencers in the context of the savings and investments union (debate)
Mr President, honourable Commissioner. First of all, I really want to thank Lídía Pereira. Thank you, very timely and very detailed directions. We definitely need to make an effort to have national education programmes at different levels and for different social groups in all 27 countries, so that these are some minimum common standards that can be applied by the competent authorities in all countries to increase financial literacy. We need to pay particular attention once again to the great tragedy that people – older people, young people, young families – face when they are tempted by the terrible pyramids of finance, easy enrichment and effective platforms for influencers. And we must also criminalise the spread of false information and fraud on a European scale.