Country Risk as a Phenomenon of the Current European Debt Crisis Cover Image

Country Risk as a Phenomenon of the Current European Debt Crisis
Country Risk as a Phenomenon of the Current European Debt Crisis

Author(s): Božena Chovancová, Peter Árendáš
Subject(s): Micro-Economics, Political economy, Financial Markets
Published by: Masarykova univerzita
Keywords: country risk; risk margins; risk rating; financial markets; debt crisis;
Summary/Abstract: Current European debt crisis leads to new roles for economic theory that should try to find solutions of actual problems. There are a couple of new problems in the financial markets as well. The risk attitude of investors has changed significantly, especially the perception of sovereign risks. Issues of securities and trading with bonds and shares are among the most affected.