Business ETC uses cookies. By continuing to browse this site you are agreeing to our use of cookies. Click here to find out more »
Dublin: 10 °C Sunday 19 May, 2013

Ireland among 18 countries deemed ‘most likely’ to default

List compiled using data from Bloomberg and market analysts CMA Datavision features all the usual suspects – including Ireland.

Image: voobie via Creative Commons

Published with permission from Business Insider

RECENT PROTESTS AND REVOLUTIONS in the Middle East are driving change in the CDS market, pushing investors to speculate on, and buy insurance on, countries at risk.

Business Insider’s latest survey of the data from CMA Datavision and Bloomberg shows that Europe remains in the crosshairs of investors, with little confidence eurozone leaders are going to sort out a package that will provide certainty for the region.

While Europe and the Middle East are making the headlines, some old risks remain, including big South American sovereigns.

For this list, BI ranked countries by the market price to insure their debt. There may be other methods, but this gives a good take on the current market view of the fiscal and political stability of these countries.

Click here for the list of 18 countries most likely to default >

Read more on BusinessInsider.com >

Read next:

Comments (7 Comments)

Add New Comment