According to Marsh, a global leader in insurance broking and risk management, a score below 49 represents political instability. In the region, Moldova, Ukraine and Serbia have scores below 49 while Bulgaria has a score between 50 and 59.

The only European countries reaching a score of almost 100 are Switzerland, Denmark, Norway and Sweden.

According to the report, “rising geopolitical tensions, political violence, and separatist movements combined with falling commodity prices are exacerbating political risks and further highlighting challenges for direct foreign investors”.

Marsh report uses data of Business Monitor International (BMI), a Fitch Group company, being an important independent political and credit risk analysis.

The study includes overall risk scores for 170 countries based on three categories: political risk, macroeconomic risk, and operational risk.

Romanian economy will post one of the fastest growths in ECC in the upcoming years while the government will spend more to support the economic growth, according to the study. Romania has a score of 59.2 for short-term economic risk.

As for operational risk, Romania ranks 50th with a score of 58.8.