Tag Archives: financial situation

Money & Mistakes I

money mistakes

A financial health study by Wells Fargo revealed that 44% of people would rather discuss death, religion or their health than their financial situation. Now this figure is valid for the US and it’s even higher in the german speaking part of Europe, where for instance the monthly salary is kept very private even among longtime friends. For Romania, this …

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The ‘Big Three’ & The ‘Triple B’

rating agencies

Rating agencies provide investment and credit opinions on the ability of companies and countries to meet their debt obligations – and their views are critical to investment decisions made by banks, pension funds and other financial institutions. Their views can wipe millions off bond and share prices, as well as make credit more expensive. The global credit-rating market is dominated …

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