I have joined UniCredit Group to help coordinate the Sovereign Rating Team efforts on analyzing and assigning a rating to countries to which UniCredit is exposed. After years of macro research on the Euro zone and advanced economies, I now look at country risk for different regions and in both developed and developing markets. The internal SOV rating model helps the team to assign a rating and a probability of default to each country of interest. It is a different angle on different constituencies. But always in search for risks for the economy, financial industry and thus for firms and consumers.