Runners up in Central Bank €uro Students’ Award
Students from Our Lady’s College in Drogheda are among the country’s top young economists after claiming the runners up prize at the 2022 Generation €uro Students’ Award run by the Central Bank of Ireland.
Local students Faith Chisa Njekwe, Liana Maria Karkle, Sharon Ogbanga, Kabelo Rachela, and their teacher Michelle Claffey, were awarded the runners-up prize at the national final of Ireland’s leading economics competition for Transition and 5th Year students.
Now in its ninth year, the school competition, run by the Central Bank of Ireland in association with the European Central Bank (ECB), challenges Transition Year and 5th Year students to design monetary policy.
Deputy Governor Sharon Donnery praised the budding economists from each of the teams, including Our Lady’s College, for participating in the final saying: “The Central Bank of Ireland is committed to encouraging the economists of the future, and the students demonstrate there is a strong pipeline of young people interested in economics who may choose to forge careers in this area.
“I congratulate all three teams for their perseverance in working together and reaching the final. The students showed a great understanding of the principles of economics and monetary policy, and the work performed by the ECB, the Eurosystem, and the Central Bank.
“Selecting a winner was a difficult decision for the judging panel. The teams analysed the challenges faced by the euro area and should be commended for their ability to assess the rapidly changing economic environment.”
As the overall winning team, students from Benildus College will now represent Ireland at the ECB where they will meet ECB President Christine Lagarde and the other winning teams from across Europe.
Students from Coláiste Iognáid in Galway were also announced as runners-up.
