EOS Consumer Research: European youth have turned to cash and want better financial education

• Young people use cash more often than even six months ago
• Young people are particularly worried about their financial future about inflation, energy prices and unemployment
• Women are more likely to save in times of crisis

In Eastern European countries, such as Romania (70 percent), North Macedonia (54 percent) and Hungary (53 percent), where consumers most often took out new loans and credits in the past six months, there is a particularly high demand for financial education. But 49 percent of young people in the Czech Republic (50 percent) and Spain would expect deeper knowledge about the correct management of money from the education system.