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Reform Support

Supporting reforms to develop well-regulated, stable and competitive financial markets

Strategy on financial literacy in Austria

Recent studies show that the Austrian population lacks financial knowledge when making financial decisions. The Austrian authorities had previously led different initiatives, but without subsequent coordinated actions or followup. The Commission is supporting Austria in the creation of a strategy for financial literacy. The goal of the strategy is to bring together all relevant stakeholders under the leadership of the Ministry of Finance. The technical support includes a mapping exercise and a road map for developing the strategy.