Call for Proposals 2025

ENNOIA launched its first call for Proposal in February 2025. ENNOIA funds short-term (12-month) research projects that deliver relevant, impact-driven insights into household financial decision-making, financial health, and overall financial well-being.

We particularly encourage empirical research at the individual or household level that can provide new insights and generate interventions/solutions to the problems Greek households face in their financial lives. This research can be based on Greek or international data but should provide useful insights for promoting the financial well-being of households in Greece.

Greek households face a variety of background risks (unemployment, health, natural disasters, geopolitical factors) and make little use of financial products to manage these risks and secure their financial well-being. Greece has among the highest shares of deposits in total household financial assets in the euro area, the lowest household participation in stocks and mutual funds, no tax-deferred private pension accounts, a significant, albeit declining, share of non-performing loans, and limited insurance coverage, especially against environmental disasters.

Priority Research Themes for 2025

1. Overcoming limited household risk-taking & saving for health and retirement (including life insurance).

2. Fostering understanding and increasing trust in the financial markets and its products.

3. Developing insurance and financial responses to climate change.

4. Encouraging participation in mortgages and/or consumer debt to improve household financial health.

5. Financial innovation, product design and nudging strategies to improve household financial behavior. Effectiveness of financial literacy platforms, including apps, digital tools, online courses etc.

6. Determinants of consumer payment behavior and payment methods and their link to increasing financial inclusion of the shadow economy.

7. Wildcard submissions on other topics potentially relevant for empowering households in their financial decisions are also welcome.

For more information, please download the ENNOIA Call for Proposals 2025 and ENNOIA Application Form 2025.