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The political risk in Greece is increasing

30 January 2009 / 15:01:24  GRReporter
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The latest acts of violence in Greece, Bulgaria, Lithuania, Latvia, and Iceland show that the economic instability and uncertainty are turning into a political risk. This conclusion was reached by a research done by the biggest insurance company in the world Aon Corp. the financial crisis shook  the economy and politics of the whole world, and in 8 European countries the political risk increased from category “low” to “average low.”


These countries are Estonia, Hungary, Iceland, Latvia, Lithuania, Slovenia, Slovakia, and Greece due to the dramatic protests of the younger citizens in December. Those 8 European countries are facing the danger of the financial crisis, which will threaten also their political stability. Aon Corp believes that the biggest dangers, which the world will face during 2009, are the government interference in the economy, regulating the markets, the public debt, the strikes and violence, the instability of the currencies, terrorism, wars and supply of foods.


In the insurance company’s research the risk in 18 countries is increasing, 7 out of which are defined as “high risk.” They are Afghanistan, The Democratic Republic of Congo, Iran, Iraq, North Korea, Somalia, and Zimbabwe.


 

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