Navigation

PIIGS

PIIGS is an acronym that was first used during the 1990’s to refer to the southern nations that are part of the eurozone. The nations are the following: Portugal, Italy, Ireland, Greece, and Spain.

The term became popular during the 2007-2010 financial crisis, as these economies had high government deficits compared to other eurozone nations.

Back to Forexpedia Main Page

"If we all did things we are capable of doing, we would literally astound ourselves."
Thomas Edison
Clicky Web Analytics