Over the last years we observed that whenever crisis hits, interest in guarantee arrangements rises. The current financial crisis is no exception in this respect. It turns the spotlight on the operation of the financial safety net and provides policy makers with a unique opportunity to monitor...

The company's current financial situation is the result of evolution over thousands of years and money is a primary component of the economic system that is in constant change. The importance of money and the role they play in the economy it can be considered the "cornerstone" of economic life,...