Publication

1 Feb 2010

Financial markets have coined a new term to sum up troubled eurozone states: the 'Pigs'. Portugal, Ireland, Greece and Spain have found their bonds moving together, with Greece and its troubles a bellwether for the entire group. However, this acronym is misleading, as is the exclusive concentration on fiscal policy.

Download English (PDF, 2 pages, 145 KB)
Author Daniel Gros
Series CEPS Commentaries
Publisher Centre for European Policy Studies (CEPS)
Copyright © 2010 Centre for European Policy Studies (CEPS)
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