Mayer has compiled a list in which he ranked countries according to probability for them to yield to the pressure of debt crisis.

He believes this foremost depends on the country's dependence on foreign capital in the financing of private investment and state debt, the amount of the budget deficit and government debt and the size of the financial sector.

As expected, the list was topped by Cyprus, which was followed by Ireland, Portugal, Spain and Greece, the countries which have already asked for financial aid.

Slovenia's neighbour Italy ranked eighth, while Austria came in tenth. Surprisingly, France did also not fare well, finishing fourth.

The first ten countries are followed by Luxembourg, the Netherlands, Finland and Slovakia, while Slovenia is listed among the three least risky countries in the company of Germany and Estonia.

Die Welt highlighted Slovenia's position on the list as a "positive surprise", given that the country has recently been often mentioned as possibly being the next eurozone country to request for aid.

The reason for Slovenia's good prospects according to Mayer's formula is the current account surplus, low indebtedness of the state and the relatively small financial sector (comprising less than 150% of GDP).

Due to the relatively low government debt, the small Slovenia could definitely solve the problems of its banking sector on its own, but due to the developments in Ireland, Spain and Cyprus the financial markets have doubts about that