By Dian L. Chu
Risk analysis firm Maplecroft just released its new fiscal risk index
ranking of 163 countries. Europe trumps all other regions with 11
out of twelve courtiers rated as "extreme risk." However, quite
surprisingly, only one PIIGS country--Italy which takes the top spot
--is in the top 12.
The others include many big economies in Europe - Belgium (2),
France (3), Sweden (4), Germany (5), Hungary (6), Denmark (7),
Austria (8), United Kingdom (10), Finland (11) and Greece (12).
Japan at No. 9 is the only other country not in Europe within the
highest risk category (See map below).
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