Risky Loans in Foreign Currencies Persist in Eastern Europe
European banks continue to offer euro-based loans in Hungary and Romania despite the risk in the two countries, which were bailed out last year.
Students learn that not all debt is bad debt
With work sheets laid out on the tables, the 11 high school students looked ready to dive into their group projects. But this class exercise wasn’t about trigonometry problems or physics theories. Instead, the teenagers were being tested on their financial smarts in a lesson called “Good Debt vs. Bad Debt.“ The teachers who concocted the exercise were two financial planners who stood front and ...

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