cepDefault-Index 2011
The euro zone currently finds itself in an existential crisis. The increasingly dramatic rescue measures that have been taken to save over-indebted euro states from insolvency have failed, without exception, to calm the situation. There are growing concerns about further countries being swept aside with it. Therefore, the cep has developed a fact-based Default Index reflecting the erosion of creditworthiness in euro zone member states.
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Results of Euro Countries:
Apart from Greece and Portugal, also Cyprus and Malta belong to the highest risk category, while Italy, Spain and France belong to the second-highest. Hence, the erosion of creditworthiness has meanwhile reached the heart of Europe, the EU founder states.
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