30/04/2013 (Agence Europe) - Idea of European rating agency dropped. Due to lack of investment, German consultancy Roland Berger has given up on the idea of creating a European credit rating agency to compete with the Big Three - Standard and Poor's, Moody's and Fitch - and encourage greater competition on the market. The idea had been to set up a credit rating agency as a non-profit-making organisation to reverse the current economic model whereby companies that are rated pay the credit...