In total, 80 of the 186 countries surveyed by Euromoney have been downgraded for the year so far, but 79 are upgraded with the remainder unchanged.
Leading the improvement is Portugal, gaining almost four points this year, and climbing nine places in Euromoney’s global risk rankings, with the economy recovering smartly.
The average global risk score for 186 countries in the survey has fallen slightly to its lowest level since Q3 2014, but generally investor risk has stabilised since the global financial turmoil in 2007/08 and the sovereign debt crisis of 2010.
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