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Financial Risk Comparison

🇮🇹 Italy vs 🇷🇸 Serbia

SIGMA Engine Systemic Risk Analysis · 2026

🇮🇹
Italy
54.1
accumulation
Kairos 30.1d·EU
🇷🇸
Serbia
51.7
accumulation
Kairos 29.8d·CEE
SIGMA Verdict

Serbia presents lower systemic risk at SIGMA 51.7 vs Italy at 54.1 — a 2.4-point spread. Italy's primary risk driver is Sovereign/Fiscal. The Kairos temporal window suggests Serbia has the more immediate risk horizon.

Risk Dimensions
🇮🇹 Italy
🇷🇸 Serbia
Sovereign/Fiscalsafer →
82
62
Banking Stresssafer →
65
55
Currency Risk← safer
38
58
Political Risk← safer
62
65
Contagion Risksafer →
72
48
🇮🇹 Italy
Biggest Risk
Sovereign/Fiscal
82/100
Strongest Shield
Currency Risk
38/100
🇷🇸 Serbia
Biggest Risk
Political Risk
65/100
Strongest Shield
Contagion Risk
48/100
Frequently Asked
Is Italy safer than Serbia for institutional investors?
Based on SIGMA Engine v5.0 analysis, Serbia shows lower systemic risk at 51.7/100. However, risk profiles differ: Italy has strongest exposure in Sovereign/Fiscal while Serbia is most stressed in Political Risk.
What drives the SIGMA score difference between Italy and Serbia?
The 2.4-point SIGMA spread reflects divergent risk trajectories. Italy's elevated regime is driven by Sovereign/Fiscal pressure at 82/100.

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

Daily brief · Kairos window · Early warning signals

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