One of the challenges in security metrics is communicating findings. Fans of visualization will enjoy this effort from the FT (surely the leader in major media), its a weather map of Europe's economic weather. Chase the link and see the rollover effects that give more data on each country and allow you to go back a couple of years
On a side note, you've gotta love Sarkozy and the other Euro leaders who are stiff arming Turkey's efforts to join the EU. I mean why would you want a country that's growing its economy at 4.5% when you can have Greece, Portugal, Spain(*) and friends?
* Bill Gross: S&P just this past week downgraded Spain “one notch” to AA from AA+, cautioning that they could face another downgrade if they weren’t careful. Oooh – so tough! And believe it or not, Moody’s and Fitch still have them as AAAs. Here’s a country with 20% unemployment, a recent current account deficit of 10%, that has defaulted 13 times in the past two centuries, whose bonds are already trading at Baa levels, and whose fate is increasingly dependent on the kindness of the EU and IMF to bail them out. Some AAA!