Global Money Week

2017 Bulgaria Global Money Week

Leading Organizations:
Financial Literacy Initiative Foundation
Integra Bulgaria Association
Junior Achievement Bulgaria

Participating Organizations:
Financial Supervision Commission
Bulgarian Stock Exchange
MoitePari.bg
NN Bulgaria
Provident Bulgaria
Elana Holding
Integra Junior Club at Integra Bulgaria Association
10 Aflateen schools in Bulgaria
Business Incubator – Burgas
Burgas Free University : Secondary, high and vocational high schools all over the county

Global Money Week in Bulgaria is organized by several civil society organizations with involvement of other stakeholders – governmental bodies, private sector and schools and universities in different regions of the country.

The Financial Literacy Initiative Foundation (FLI) that in 2016 participated to GMW for the first time, will join the celebration once again this year with even more exciting activities. They will organize a discussion with students from Sofia that will be attended by high level official from Bulgarian Financial Supervision Commission. In schools all over the country Financial workshops will be conducted by trained FLI teachers. Financial workshop with students will be also shown on the National TV. This year also a Facebook contest will take place during the Week.

One of the most active GMW participants Junior Achievement Bulgaria will join Global Money Week for the second time with an extensive activities plan. They will open the week with a Financial Camp for children aged 10-11 at JA Startup Hambar in Sofia Tech Park where 60 children and 15 high-school students will participate. Throughout the Global Money Week 2017, JA Bulgaria along with partner schools plans to reach directly 3200 children and youth through visits to 16 government organizations, financial institutions and museums. During the week, financial literacy awareness sessions will be offered to children, youth and adults. Also seminars, workshops and other educational sessions will be organized. Volunteers from 30 financial institutions, businesses and government organizations will enter the classrooms and speak to the young people. Throughout the Week, young people will be able to engage themselves at museum exhibitions to explore the history of money and learn interesting facts related to it. GMW media and social networks information campaign will be organized to promote the GMW. Facebook and Google Adwords campaigns will target exclusively young people to raise their awareness about the importance of financial literacy. Related articles will be published on JA Bulgaria’s website and information about the GMW will be included in JA Bulgaria’s monthly newsletter.

The Integra Association plans to reach more than 300 children and youth through visits to Burgras Free Univeristy and the Visit of Business Incubator Burgas with a presentation of the activities on the Incubator from the team. During GMW 2017 the Aflateen students will be asked to take a part of a 30 second video challenge called: “I am, I dream, I will become”. The best video clips will be used as a part of the Aflateen programme promotional clip which will be developed in April and will become the visit card of the programme. The students will produce posters with the moto of the GMW for 2017 - Learn. Save. Earn, which will be displayed in every Aflateen school participating and they also will be guests of the TV and Radio show to present their participation at the GMW and Aflateen programme.


2016 Bulgaria Global Money Week

Leading Organizations:
Financial Literacy Initiative Foundation
Integra Association
Aflatoun International
European Investment Bank Institute
National Network for Children
Junior Achievement Bulgaria
Bulgarian Stock Exchange
National Revenue Agency, Ministry of Education of Bulgaria, Erasmus Plus, UNICEF Bulgaria and other conference participants
Foundation “Atanas Burov”, Economic Faculty of Sofia University “Climent Ochridski”, AIESEC Bulgaria and many schools in Sofia and other cities.
AIESEC Bulgaria
Eurobank Bulgaria AD, GrECo JLT, Uniqa, Reiffeisen Bank, and other financial institutions, Net Info, Publicis Consultants MSLGROUP Sofia, Radost Sweet Shop Ltd.

Participating Organizations:
119 School “Prof. Michail Arnaudov” (Sofia), Primary School "Dr Peter Beron" (Sofia), 139 School “Zahari Krusha” (Sofia), Primary School “Sofroni Vrachanski” (Vratza), 12 School "Ivan Assen" (Sofia), School "Georgi Benkovski" (Pazardzik), School "Prof. Noykov" (Yambol), School "Hristo Botev” (Kukorevo), School "Dr Peter Beron" (Yambol), School „Ilyo Voivoda“ (Kyustendil), Municipal Children Center (Sredetz), Occupational High School (Kubrat), III School “Dr. Ivan Selimanski” (Sliven), Sofia University St. Climent Ochridsky, Financial Company Elana Trading, NN Bulgaria, Provident, Consumer Online Center (Yambol) and Municipality Sredetz (Sofia)

Date of the event:
14th - 20th of March

Total number of children & youth engaged: 15 072
Total indirect reach: 13 000

The Financial Literacy Initiative Foundation (FLI), a new participant of Global Money Week in Bulgaria this year, organized several different events to celebrate. The FLI Foundation developed lessons and activity methodology for younger students devoted to the savings topic of the Week and distributed it amongst the relevant schools. Over 1450 young students from 13 schools and educational centers from all over Bulgaria took part in a variety of lessons and activities based on the FLI Manual “To Save: How and Why”. They played and they “drew” their dreams, and learned how to finance them. The students commented that they really enjoyed the activities and now they are motivated to save wisely, to spend wisely and to fill their piggy banks to achieve their dreams. Some of the first graders showed an amazingly deep understanding about money, savings and setting goals. Furthermore, over 50 young people from Sofia University Faculty of Economics and Business Administration attended a workshop “Smart money management on the stock markets” delivered by the financial company ELANA Trading.

Junior Achievement Bulgaria also joined Global Money Week for the first time this year, and organized many different events with 27 of its partner schools and other educational institutions that implement JA’s programs and 21 other organizations. For instance, students in Sofia visited insurance company offices and the Bulgarian Stock Exchange, had lessons about banks with a bank officer volunteer and students from arts and sport schools spoke with financial experts. JA also organized three competitions during the Week: an art competition for primary students, a selfie competition for lower secondary and an essay competition for upper secondary school students. The art and essay competitions were announced on 1 March and the results were announced on 18 March. Moreover, a GMW media and social networks information campaign was organized to promote the Week. The massive Facebook and Google AdWords campaigns exclusively targeted young people and their teachers to take part in the activities initiated by JA Bulgaria. In addition, a billboard campaign was launched in 15 locations in the Sofia city center. A television interview for the Bulgarian National Television, Channel 2, was conducted by JA Bulgaria representatives during one of the events and the news was broadcast in the evening news.

On 16 March, students from eight Bulgarian schools visited the Bulgarian Stock Exchange accompanied by representatives from the Foundation “Atanas Burov”. The students participated in a “Ring the Bell” ceremony and were then invited to two special lectures organized by the Bulgarian Stock Exchange – “The historic development of the capital market” and “The economic role of the capital market”. Representatives of Bulgarian general, business and financial media were invited to cover the ceremony.

The Integra Association continued to take a very active part in Global Money Week. This year, the Integra Association conducted the savings campaign “Participate, Save smart!", which ran for three consecutive days. To take part in the campaign, each school was required to register for one to three teams of students, each composed of two to six students. Each team received a "challenge" related to the campaign slogan and then had two days to explore the environment, to offer a plan of an innovative solution formed as a presentation and submit the presentation to the jury. The jury determined the best team who received an award at the international conference, certificates of participation from CYFI, and the team also interviewed with and met local businessman. Moreover, Integra organized a Training for Facilitators "Aflateen saving in school clubs" in Burgas during the Week.

The highlight, and the closing of this year’s Global Money Week in Bulgaria, was the International Conference on “Financial education as a lifeskill in Bulgarian and European contexts” on 21 March at the House of Europe in Sofia. The Conference closed the Global Money Week celebrations in Bulgaria and brought together international experts, representatives of governmental bodies, educational institutions, private sector and civil society representatives in the field of social and financial education for children and youth in Bulgaria. In collaboration with CYFI, the conference was organized by Aflatoun International and Integra Bulgaria Association, supporters from European Investment Bank Institute and Erasmus+, the National Network for Children Bulgaria and the Financial Literacy Initiative Foundation.

“We are happy to host Global Money Week for the second time and show the students the importance of having financial literacy in this highly dynamic world. Only with sustainable financial knowledge and financial education can the young people save money and invest smartly. This, in turn, will give them the opportunity to have a better and more favorable future.” Georgi Bulgarski, Member of the Board of the Directors, Bulgarian Stock Exchange, Sofia
“It is great to be part of the initiative Global Money Week and to be here at the Bulgarian Stock Exchange - Sofia. Learning from the financial experts is extremely beneficial for me. I am really excited to take part in this year’s financial event for the youth.” Simona Dimitrova, 18, student and participant, State Finance and Trade High School “Intellect”, Pleven
“I am really grateful for the opportunity to participate in Global Money Week 2016. Seeing first-hand what it is to work with financial mechanisms and meet the experts here on the Bulgarian Stock Exchange is an inspiring opportunity.” Hrisi Hristozova , 18, student and participant, State Finance and Trade High School “Intellect”, Pleven

2015 Bulgaria Global Money Week

Participants
Bulgarian Stock Exchange - Sofia
Integra Bulgaria Association
Date of event:
10th - 17th of March
Number of children reached:
41

Global Money Week 2015 witnessed Bulgarian Stock Exchange for the first time join major stock exchanges around the world in the celebrations by hosting an Opening Bell Ceremony on 10 March for a group of students from the National Trade and Banking High School in Sofia, where they had a chance to symbolically open the trade at the bourse. After the official ceremony, managers of the Bulgarian Stock Exchange conducted a seminar about the history of the Bulgarian capital market and held a discussion and lecture on ‘The Economic Role of the Capital Market’.

“It is great that we can be part of the global initiative Global Money Week as well as to be here at the Bulgarian Stock Exchange -Sofia. It gives us the perfect opportunity to see real life experts and for them to give us examples of their experience. Having a better financial education is important and Global Money Week is great way to stimulate this and to engage young people.” Toma, 18 years old, student of Bulgarian Trade and Banking High School

Integra Association in Bulgaria also conducted a variety of activities for Global Money Week and Aflatoun Day on 17 March. These included an open day at the business incubator in Burgas, training for “Aflateen” students and their teachers, establishment of the Youth Aflatoun Council in Bulgaria, and a training session for teachers and professionals working with children and youth in the implementation of Aflateen model at school and after-school clubs.

 

2013 Bulgaria Global Money Week

Name of organizing entity - Financial Supervision Commission
Date of the event - 19th of March
Press - fsc.bg; BTVnews.bg ; 24 chasa.bg; dnevnik.bg ;komentator.bg; focus-news.bg

Global Money Week in Bulgaria was celebrated on the 19th of March. For a day, the doors of the Financial Supervision Commission opened for everyone who would like to learn more about financial matters. Students from various schools visited the Financial Supervision Commission, where the chairman, Mr. Stoyan Mavrodiev, welcomed them with a speech.

With Global Money Week, the FSC presented and launched their new website www.tvoitefinansi.bg with the aim to educate young people about the non-banking financial sector and its mechanisms. To date, FSC is the only organization in the country actively involved in educating people about the non-banking financial sector.

Tvoitefinansi.bg – the new website of The Financial Supervision Commission