Egypt Now Among Top Ten Sovereigns Most Likely To Default: Report

: enggul /Foter

January 15, 2012

Egypt is now among the ten riskiest sovereigns in the world, according to the latest report from CMA Datavision. In other words, Egypt is among the nations most likely to default on its debt.

While that does not necessarily mean that Egypt will default, its spread has risen as investors are nervous that the country could default. READ MORE HERE

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