If you can borrow, I said monitored
A new program allows the university to know the maximum expenditure that can deal for the period we are living.
For each person the software created by University of Rome for Assofin will have as a result the maximum credit that can get in order to pay off without the "stay with the water to the throat."
The software is well designed and has an important behind.
I cannot pay the mortgage because it is hard to calculate what the highest capacity credit for a refund is.
The application in question should help us understand.
Surely such a program will help the calculations, but unfortunately the economic crises of the variables are always difficult to predict, sometimes good and sometimes bad.
We hope that the next will be positive.
Faissola bank confirms the stability of internationalization to the forum
At the forum the President of internationalization Abi Faissola said as announced in spite of the crisis, banks have not had the slightest sign of failure:
At a time of tension and difficulty of the market as the present one, the Italian banking sector has shown strong and stable and is continuing to support the internationalization strategies of firms, looking with particular interest to Gulf countries.
In Italy there has been no default bank and no bank has used capital injections from the state, why did not need it
As mentioned a few weeks earlier with a press release, the President of Abi wanted to emphasize the concept expressed, before the financial crisis hit the country.
His assertions are correct, but the economic situation remains critical.
The statements reflect its position as guarantor of the economic system: it could mean the opposite?
Faissola is aware that the real "sword of Damocles" is the loss of investor confidence in the banking and financial system.
As long as the weather will be stormy, no investor will be encouraged to take the risk just by listening to mere assurances.
Definition of Credit Crunch
Credit Crunch is the strong credit expansion that occurs after the major economic dimensions.
The credit crunch is usually at the end of the expansion phase, when central banks raise interest rates to cool growth and avoid the risk inflation by pushing lenders to raise their interest rates and closing l ' access to credit for those who cannot afford the expense. In other cases it may happen that, on the wave of bank failures and withdrawal of liquidity, banks apply a closure of the claim themselves to avoid bankruptcy.
A more current definition, however, is given by Sole24Ore:
Credit crunch Credit crunch
Contraction of credit. Economic climate in which it is difficult to raise investment capital from banks or investors because of their distrust in market. Lack of funding raises the cost of credit to makes it difficult for companies to access them. Rationing reduces or blocks the activity of M & A and in the long run has an impact on the investment.
As you have understood "credit crunch" literally means contraction of credit, but it is to adapt the scope of use.
In this case, for example, distrust of the market is blocking the supply of credit from investors, creating the various economic problems that we are aware.
In this position could be added a further credit is due to close rates by banks, a move that could preserve the them at the expense of the system.
We will see continue to evolve as the economy.
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