Standard & Poor's Ratings Services, cited by Forbes argues that Romania, Latvia, Iceland and Bulgaria depend upon the international liquidity conditions.

At the other spectrum, Russia, Egypt, Ukraine, and the Czech Republic are the least to suffer due to the international markets instability.

The index was develop in order to asses each country’s resilience to adverse market conditions.

Romania’s instability is mainly due to the fact that is exposed to any moody changes in the investment sector.