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Creditworthiness:
The worst countries in the world in terms of probability of defaulting on the repayment of their debts is as follows:
Argentina is in 1st position and is currently the country that is most likely to default on its debt repayment in the world. It has a CPD of 81.62%
Cyprus remains in 2nd position again this year with a CPD of 65.51%.
Venezuela is in third position and moves from last year’s 4th position with a CPD of 51.36% chance of defaulting. The presidential elections that took place in April were mired in doubts about the legitimacy of Maduro’s election. There are growing concerns over his ability to implement economic policies that are undermining governability of the country.
The worst countries in the world in terms of probability of defaulting on the repayment of their debts is as follows:
Argentina is in 1st position and is currently the country that is most likely to default on its debt repayment in the world. It has a CPD of 81.62%
Cyprus remains in 2nd position again this year with a CPD of 65.51%.
Venezuela is in third position and moves from last year’s 4th position with a CPD of 51.36% chance of defaulting. The presidential elections that took place in April were mired in doubts about the legitimacy of Maduro’s election. There are growing concerns over his ability to implement economic policies that are undermining governability of the country.
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