So, who is next for 'the Greek treatment'?

You could almost hear the sighs of relief in Greece yesterday when the EU pledged support.

Prime Minister George Papandreou did not say as much, but "we got off lightly" might have been the whisper among some of his parliamentary colleagues. Greece was the second riskiest of 45 countries Credit Suisse analysed by looking at  six key economic measures, CDS spreads and credit ratings. Only Iceland, the country-cum-hedge fund, fared worse. Greece's public debt to GDP ratio of 107% trailed only Japan, Singapore and Italy on Credit Suisse's list. It also fudged public finance figures as Old Mutual Asset Managers fixed income head Stewart Cowley notes wryly: "Despite their her...