Germany measured 57% on the first index, as did the troubled Greece, while Spain placed at 54%. Japan and Italy were measured at 58% and 59% respectively.
The higher the number, the likelier it is a strong government can be formed while a lower number, particularly one below 50%, suggests there will be a number of shifting coalitions and a range of problems in creating a stable, effective government, Charles Stanley explained.
Crystal ball
However, Redwood did cast doubts on the ability of polls to accurately predict the outcome of major events, and said he was assuming Europe would “muddle through again” despite their low measure on the new stability index and added: “We are currently assuming difficult continental politics are not about to derail the Euro and the EU.
“The forces against Le Pen have a large majority in the second round polls. Meanwhile the euro area economies are growing a bit faster, and some of the banks are now mended, which is positive.”
China was not included in the index as it continues to operate under a one-party system.
