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U.S. High School Students Compete in 2017 Euro Challenge

Against the backdrop of Europe’s economy picking up steam again, American high school students will gather at the Federal Reserve Bank of New York on April 26, 2017 to compete in the semi-final and final rounds of this year’s Euro Challenge competition. In a competition that showcases their financial literacy, teams from 25 high schools will come up with solutions that enhance growth, stability and job creation in the European Union.

The Euro Challenge is a unique educational opportunity for high school students from across the United States to learn about the European Union – the largest economic partner of the U.S. – and the 19 countries that share its single currency, the euro. Participants showcase their specific knowledge of countries in the euro area and make economic policy recommendations to rein in deficits and debt, reduce unemployment, or find other creative solutions for these countries.

The Euro Challenge fosters a better understanding of the European economy and transatlantic economic relations, and it supports local learning objectives in economics and finance. Launched in 2005, the competition marks its twelfth year as it continues to expand nationally. This year, more than a hundred high school teams from 14 states (Connecticut, Florida, Illinois, Indiana, Maryland, Massachusetts, Michigan, New Jersey, New York, North Carolina, Pennsylvania, Texas, Virginia, and Wisconsin) plus the District of Columbia participated in the program. Preliminary regional competitions concluded at the end of March, with 25 schools advancing to the semi-finals on April 26. These schools are competing in the semi-final round on the morning of April 26, and five of them will advance to the final round held the afternoon of the same day.

“The Euro Challenge is a fantastic learning opportunity,” said Ambassador David O’Sullivan, Head of the European Union Delegation to the United States. “We are proud to have created a program that brings together hundreds of U.S. high school students – all competing at a very high level. I’m extremely impressed by the students’ understanding of economic matters and how they are able to use that knowledge in making concrete policy recommendations.”

The 9th and 10th grade students have spent months researching European economic policy and history with the help of mentors from their schools and resources provided by the EU Delegation. In the competition, teams of three to five students make presentations about the economic situation of the “euro area” and then focus on an economic challenge facing one country. Teams must answer questions from a distinguished panel of judges to showcase their grasp of economic issues and economic policy trade-offs.

The top five winning teams will receive monetary awards generously provided by the Moody’s Foundation. The top two placing teams will receive a free trip to Washington, D.C. to present solutions to the embassy of the country they researched.

The following schools are competing in the semi-final round:

Charlotte County Day School NC
Garden City High School CT
Gorton School MA
Hasting High School NY
Herricks High School NY
High School for Math, Science, and Engineering at City College NY
High Technology High School NJ
Inglemoor High School WA
International Academy West MI
Joel Barlow High School CT
Lycee Rochambeau – French International School MD
Mallard Creek High School NC
Marlboro High School NJ
Montclair High School NJ
Naperville Central High School IL
Mount Saint Mary Academy NJ
North Allegheny Intermediate High School PA
Princeton High School NJ
Rumson Fair Haven Regional High School NJ
Sachem North High School NY
Saint Joseph High School IL
St. Albans School DC
Trinity Preparatory School FL
Verona High School NJ
West Windsor-Plainsboro High School NJ

The Euro Challenge is a program launched and supported by the Delegation of the European Union to the United States, and is managed on the Delegation’s behalf by w!se (Working in Support of Education). The Federal Reserve Bank of New York serves as program advisor.

The Euro Challenge is supported by BNP Paribas, Credit Suisse, the University of Washington, the University of Pittsburgh, the University of Illinois, the University of Texas at Austin, Rutgers University, the World Affairs Council of Pittsburgh, the World Affairs Council of Charlotte, the World Affairs Council of Seattle, the Texas Council of Economic Education, the Council of Economic Education of Rhode Island, the Council of Economic Education Maryland, the Federal Reserve Bank of Atlanta (Miami Branch), the Federal Reserve Bank of Chicago, the Federal Reserve Bank of Chicago (Detroit Branch).

For further information on this year’s competition, please visit:
www.euro-challenge.org

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Or contact:

Delegation of the European Union to the United States
Press Contacts:
James Barbour
(202) 862 9523
Kasper Zeuthen
(202) 862 9530
Delegation of the European Union to the United States
2175 K Street (entrance from 22nd Street), NW, Washington, DC 20037
www.EUintheUS.org & @EUintheUS