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The eurozone became even riskier in Q3 2012, according to the results of Euromoney’s Country Risk (ECR) survey. Spain, the world’s worst performer in the survey during that period, plummeted 14 places, while Italy and Slovenia registered increased risk too. Core economies Germany and France also got riskier in Q3, according to economists.
However, there were signs that the worst might be over for the eurozone as a whole, with its average score deterioration slowing to 0.5 points on average in Q3, less than a third of the previous quarter’s fall.