Financial Literacy in the Digital Age: Challenges and Opportunities in the European Union

The present article made a theoretical and empirical analysis in to assess the level of financial literacy and digital financial literacy in the European Union, with emphasis on the potential discrepancies that might exist between different countries within the EU, as well as to investigate general attitudes towards novel FinTech solutions, crypto currencies and digital money. desk research was used to analyze data regarding financial literacy, digital literacy, financial behavior, digital technology adoption, the use of Internet Banking solutions and knowledge and attitudes towards crypto currencies in the European union. Data was collected via the Internet from various sources: Eurostat, OECD, ING.