Romanian Parliament has decided that Financial education for children and youth should be introduced as compulsory subject, starting with the next school year

The VeDem Just (Voices for Democracy and Justice) Association welcomes today’s vote in the Romanian Senate, as a decision-making chamber, regarding the introduction of entrepreneurial, financial and law-related education as compulsory subjects, starting with the next school year. The law will enter into force after promulgation by the President of the country and publication in the Official Gazette.

The legislative proposal, submitted at the beginning of the year in the Parliament, aimed at amending the National Education Law no. 1/2011. Initially, the bill only proposed the introduction of entrepreneurial and financial education, and the Chamber of Deputies adopted it in this form on September 7, 2021. An amendment on law-related education was introduced in the Senate Committee on Education, Youth and Sports.

In October 18, as a decision-making chamber, the Senate adopted the law that provides new key competencies for the training of students in primary and secondary education: entrepreneurial, financial and law-related education.