In the latest results of Euromoney’s country risk survey, Taiwan and Chile are rated alongside developed markets France, the US and UK. Qatar shrugs off regional uncertainty, while country risk scores across the eurozone hit new lows. African sovereigns have also done well. Andrew Mortimer reports.

The euro crisis has already resulted in the region’s country risk scores falling by a greater margin than the Asian economies in 1997. That’s before any of the countries involved has actually defaulted. Andrew Mortimer asks: how many years will Europe take to recover?

Euromoney’s survey suggests Europe faces greater challenges than Asia did in 1997