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Here is a compilation of all the countries at risk, with updated ratings by S&P, Moody's and Fitch.
The tables also show the GDP change for 2008 and forecats for 2009 and 2010, as well as the percentage debt/GDP. Some of these numbers are very scary.
Iceland is the worse and the problems there are well known, they hit the fan this year. Next worse in term of debt/gdp ratio are the Greece, U.K, Portugal, Hungary, and Iceland.
The worst drops in GDP are for Ireland, Hungary, Bulgary, Taiwan.
You can view all global/country ETFs on the market live here.
1 comment:
FWIW, Data released Thursday in Europe showed Ireland's economy exited the recession in the third quarter. GDP in Ireland rose 0.3% in the third quarter, marking the technical end of the recession.
No doubt Ireland still faces many problems, as the debt to GDP measure is worrisome, and their credit ratings are at risk.
Seamus
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