Sovereign Income, Debt & Credit

+ Credit rating downgrade weighs heavily on European economies Each solid circle represents a European nation's GDP-the bigger the circle, the bigger the economy. The corresponding dotted circle shows the size of the nation's debt relative to GDP. A dotted circle falling outside a solid circle indicates debt exceeding 100% of GDP. The royal blue circles at the top highlight countries with AAA credit ratings, while the flame-out red circles at the bottom are countries falling below speculative grade. The lower its credit rating, the greater a country's cost shown here by the relative size of the anchors weighing down these economies. borrow money and service its debt- S&P CREDIT RATING Netherlands Switzerland Finland AAA Germany United Kingdom AA+ France Czech Republic Austria Belgium AA Estonia Slovenia Spain Poland Slovakia Malta Italy BBB Ireland -BBB- INVESTMENT GRADE SPECULATIVE GRADE BB+ Cyprus Hungary Portugal BB CC Greece LEGEND 10-Year Yield t Total GDP Total Debt OANDA OANDA is an online provider of foreign exchange trading and currency information services. © 1996 - 2012 QANDA Corporation. All rights reserved. Data is taken from World Fact Book, fxEconostats, and S&P (Credit Ratings) and uses most the current data available.