BBB-

Looks like Romania’s economy is still not doing very well, primarily due to government mismanagement. From here: The issue ratings on Romania’s senior unsecured foreign and local currency bonds have been affirmed at ‘BBB-‘and ‘BBB’, respectively. The Country Ceiling has been affirmed at ‘BBB+’ and the Short-term foreign currency IDR at ‘F3’. The ratings from…

Markovian Parallax Dengi-rate

Yesterday I mentioned the money here in Moldova but now it’s time for a full post on the topic. As I said, you can tell a lot about a country by its money. Let’s see what it has to say! Background Moldovan money is called the leu (singular) or lei (plural). Just like its neighbors…

Money Talk

Just a brief note on this one topic because I see it get mangled over and over. In the Romanian language, money (banii – bawnee) is always a plural word with normal plural declensions and is not a singular word as it is in English in most cases. Watch: Banii vorbesc – Literally “money(s) talk”…