Students from Mount Saint Mary Academy Win 2022 Euro Challenge
Delegation of the European Union to the United States
Press Contact:
Anna.Prisco@eeas.europa.eu
Students from Mount Saint Mary Academy Win 2022 Euro Challenge
Five High School Teams Receive Awards for Their Euro Knowledge
Students from Mount Saint Mary Academy in Watchung, NJ won the final round of this year's Euro Challenge competition – an academic contest for high school students to showcase their knowledge of economics and policy-making from a European Union perspective. They led a total of five winning teams, including Princeton High School in Princeton, NJ (2nd place), Eleanor Roosevelt High School in New York City, NY (3rd place), Georgetown Day School in Washington, DC (4th place), and Charlotte Country Day School in Charlotte, NC (5th place).
“Students are back in the classroom, but the lingering impact of the pandemic poses considerable challenges to schools,” said Deputy Ambassador of the European Union to the United States, Michael Curtis. “That’s why we are particularly pleased so many young Americans took advantage of this special extracurricular learning experience. The unprecedented human and policy challenges posed by the pandemic made our competition unique in 2022. The enthusiasm and creative policy recommendations shown by these students today make me hopeful for the next generation of policymakers and for the future of transatlantic relations.”
Speaking at the awards ceremony, Deputy Ambassador Curtis congratulated the winning teams and all Euro Challenge participants for their remarkable performances.
Organized by the Delegation of the European Union to the United States, this year's virtual contest marked the 17th edition of the Euro Challenge, an annual competition that provides high school students nationwide an exciting opportunity to learn about the global economy, EU-U.S. relations, policy-making in the EU and the EU’s single currency, the Euro. Participating teams step into the role of policymakers to consider innovative solutions to shared problems with the goal of building better and more equitable societies. In their presentations to expert panels, students also focused on broader challenges, including the economic impact of Russia’s war on the Euro area, and Europe’s green energy transition.
The Euro Challenge promotes economic literacy, introduces students to the European Union and underscores the importance of transatlantic ties. Since its inception, thousands of U.S. students have benefited from participating in the event. This year’s 75 teams collectively represented high schools from 18 states (Arkansas, Colorado, Connecticut, Florida, Illinois, Indiana, Maryland, Massachusetts, Michigan, Minnesota, North Carolina, New Jersey, New York, Pennsylvania, Texas, Washington, Virginia, and Wisconsin.) and the District of Columbia. The five winning teams receive monetary awards generously provided by Moody's Foundation. The first and second placed teams will also enjoy a trip to Washington, DC, to present their recommendations to the embassy of the country they researched.
Jennifer Stula Rivera, Global Head of Corporate Social Responsibility at Moody’s Corporation, said: “To build a stronger global economy, we must ensure that the world’s future leaders are diverse, global citizens. The Euro Challenge embodies this spirit. Moody’s is proud to support and participate in judging this competition, and we are continuously impressed by the insights these students demonstrate in their analysis and policy recommendations.”
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 monetary awards are funded through a grant from Moody’s Foundation. The Federal Reserve Bank of New York serves as program advisor. Other partners are BNP Paribas, Deutsche Bank, Florida International University, the University of Pittsburgh, the University of Illinois, the University of Texas at Austin, the University of Washington, the Federal Reserve Bank of Chicago (Detroit Branch), the World Affairs Council of Charlotte, the World Affairs Council of Seattle, and the Federal Reserve Bank of Atlanta (Miami Branch).
For photos of the competition, please see: @EUintheUS #EuroChallenge
***
Delegation of the European Union to the United States
2175 K Street, NW, Washington, DC 20037