Credit rating agencies have become an essential element of the global financial market. Currently, this part of market is a frequent subject of criticism, which is made by many economists. Most proposed solution to some of the problems is to create a European credit rating agency. The aim of the publication is to present the specifics of this part of the global financial market, to show the idea of creating a European credit rating agency, and to attempt to answer the question posed in the title of this article.
JavaScript is turned off in your web browser. Turn it on to take full advantage of this site, then refresh the page.