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Financial Risk Comparison

🇩🇪 Germany vs 🇧🇬 Bulgaria

SIGMA Engine Systemic Risk Analysis · 2026

🇩🇪
Germany
45.0
stable
Kairos 29.8d·EU
🇧🇬
Bulgaria
46.6
stable
Kairos 30.0d·CEE
SIGMA Verdict

Germany presents lower systemic risk at SIGMA 45.0 vs Bulgaria at 46.6 — a 1.6-point spread. Bulgaria's primary risk driver is Political Risk. The Kairos temporal window suggests Germany has the more immediate risk horizon.

Risk Dimensions
🇩🇪 Germany
🇧🇬 Bulgaria
Sovereign/Fiscal← safer
38
52
Banking Stress← safer
45
50
Currency Risktied
30
30
Political Risk← safer
32
55
Contagion Risksafer →
68
48
🇩🇪 Germany
Biggest Risk
Contagion Risk
68/100
Strongest Shield
Currency Risk
30/100
🇧🇬 Bulgaria
Biggest Risk
Political Risk
55/100
Strongest Shield
Currency Risk
30/100
Frequently Asked
Is Germany safer than Bulgaria for institutional investors?
Based on SIGMA Engine v5.0 analysis, Germany shows lower systemic risk at 45.0/100. However, risk profiles differ: Germany has strongest exposure in Contagion Risk while Bulgaria is most stressed in Political Risk.
What drives the SIGMA score difference between Germany and Bulgaria?
The 1.6-point SIGMA spread reflects divergent risk trajectories. Bulgaria's moderate regime is driven by Political Risk pressure at 55/100.

Full GermanyBulgaria analysis: entity-level SIGMA, contagion paths, Phantom scenarios.

Daily brief · Kairos window · Early warning signals

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