3rd secondary school of formatio Private School wins Liechtenstein finals
Congratulations to the 3rd secondary school of the formatio Private School. The students won the Liechtenstein finals of the this year's European Money Quiz (EMQ). The EMQ is part of the Europe-wide European Money Week (EMW) that is currently taking place. Under the motto "Supercharge Financial Skills", it aims to improve the financial literacy of both young and old.
As part of the European Money Week, 7 school classes from Liechtenstein participated simultaneously via MS Teams in the country finals of the European Money Quiz (EMQ). The EMQ is designed for school classes of all school types throughout Europe and is aimed at students between the ages of 13 and 15. Around 100 young people from Liechtenstein participated in this international competition to improve their financial literacy. The 3rd secondary school of the formatio Private School won the Liechtenstein finals, closely followed by class 3b of the Liechtenstein Gymnasium Vaduz and class 4a of the Realschule Eschen. Congratulations on this wonderful success. The winning class receives a contribution of 500 Swiss francs to their class fund and may now nominate two students for the European finals of the EMQ. Due to travel restrictions, the European final will once again be held online. On 10th May 2022, the national winners from 28 European countries will compete against each other in an online event for the overall victory. We are already keeping our fingers crossed.
The top 3 winning teams in the European finals will receive a generous contribution to their class funds in the total amount 5,000 Euro. In addition, the top five teams of the European finals will be invited to a 2-day trip to Brussels in June.
European Money Week and the EMQ teach basic financial knowledge. This is also important in these difficult times in world politics. Recent figures prove the necessity of such initiatives. After all, around half of all Europeans have not enough skills to make informed decisions about money. Women, young people, elderly people and low-income groups are disproportionately affected. We want to provide a remedy for this. Because a resilient and inclusive society needs good financial literacy.