As Greece tumbles without a government, its political collapse places the eurozone's future on a knife-edge. Against this backdrop, we thought it would be worth digging into data stored in the Euromoney Country Risk survey, which tracks economists perceptions of sovereign risk in 180 markets. The result: Greece's country risk score has collapsed by almost 25 points since September 2010, the steepest fall in European history over the past thirty years.
Euromoney Country Risk scores: Peripheral Eurozone and France:
Greece's country risk score of just 35 points out of 100 is the worst on record for any so-called (by the OECD, at least) advanced economy, with the result that Greece is now ranked below Venezuela, Belize and Papua New Guinea in Euromoney's Country Risk Rankings.
Greece and Peers, Euromoney Country Risk Rankings, May 2012