University of Nicosia and Financial Wellbeing Institute launch five-year cooperation to expand Financial Wellbeing Index to Greece
The Financial Wellbeing Institute (FWI), the University of Nicosia, and its research arm UNIC Athens have signed a five-year Memorandum of Cooperation to expand the Financial Wellbeing Index from Cyprus to Greece. This index measures key aspects of financial security, resilience to economic downturns, and financial stress among citizens. By applying the FWI's methodology to Greece, the collaboration aims to provide comparable data between the two countries.
Beyond data collection, the partnership emphasizes translating research into public policy. The framework includes developing evidence-based policy proposals and organizing annual public events in Athens to present findings and promote financial education. The University of Nicosia contributes academic resources and expertise, while the FWI provides the index methodology and institutional connections.
Officials highlight the collaboration's goal to inform policymaking with research, enhance financial literacy, and address social challenges in both Cyprus and Greece. The initiative represents a strategic effort to link academic research with practical policy outcomes, benefiting citizens and fostering stronger cross-border cooperation.
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