PECA X Frankfurt
In June 2024, we were presented with another great opportunity to learn about an institution of outstanding importance: Interested participants could gain an in-depth understanding of the European Central Bank's responsibilities and the mechanisms of European monetary policy.
The European Central Bank – The Heart of European Monetary Policy
During our tour of the ECB's visitor center, we engaged in lively discussions about the diverse responsibilities of its more than 5,000 employees and debated the complex balance between price stability and economic growth.
Highlight – Our Participation in the ECB-TV Setup
A highlight of the visit was our participation in the ECB-TV setup, where we had the opportunity to share our views on the current state of financial education in Germany. Our key takeaway: Financial education, particularly regarding private retirement planning, is still inadequately addressed in public discourse and especially in schools. To address this, PECA plans to launch workshops in schools, aiming to improve understanding of topics like stock investments through interactive simulations.
The Importance of the European Union in Current Times
Our visit to the European Central Bank highlighted the crucial role of the European Union today. As a project for peace and freedom, the EU and the ECB significantly contribute to European integration and stability. Through its monetary policy, the ECB ensures currency stability, directly impacting the economy of the Eurozone. The EU, with its supranational structure, supports free trade and fosters political and legal unity among its member states. Its institutions are essential for the quality of life and the forward-looking development of Europe. PECA is committed to preserving the EU by promoting economic and political education in society.