Definitions

from Wiktionary, Creative Commons Attribution/Share-Alike License

  • Portugal, Italy, Ireland, Greece and Spain, grouped on the basis of their high indebtness.

Etymologies

Sorry, no etymologies found.

Examples

  • "The term PIIGS has been coined to refer collectively to Portugal, Italy, Ireland, Greece, and

    American Thinker

  • In the very second that the acronym PIIGS tripped off the tongue of a Barclays Bank employee, who was, cynically, believed to have previously earned his money at Lehman Brothers, it was clear to journalists that absolutely nothing had been understood by the banks.

    The Financial Industry Continues to Ignore the Need for Reliable Answers

  • The weakest links in the Eurozone chain are known as the PIIGS.

    Sheldon Filger: Portugal Faces Severe Fiscal and Economic Crisis As Eurozone Sovereign Debt Fears Grow

  • First there was Greece, and then the rest of what at first were called the PIIGS, but now, in a spate of political correctness, are called the GIIPS.

    NYT > Home Page

  • Aside from Greece, fallout from other troubled sovereigns that make up the acronym PIIGS

    Safehaven

  • A year ago, credit downgrades and concern the nation would be unable to curb its budget gap prompted investors to include the country in a group they called PIIGS, for Portugal, Italy, Greece and Spain.

    Bloomberg

  • Slowly spreading debt crisis from Greece to Portugal to Spain - in short PIIGS (Portugal, Italy, Ireland, Greece, and Spain) countries - have been hammering global markets despite assurance of funds from International Monetary Fund (IMF) to Greece.

    Moneycontrol Top Headlines

  • The article discussed fears that the next member of the so-called "PIIGS" - Portugal, Ireland, Italy, Greece and Spain - to suffer a crisis of confidence would be Spain.

    FXstreet.com

  • Ireland has escaped the worst of this latest crisis, astute foreign analysts have noticed that it shares many of the less desirable characteristics of the group known as the "PIIGS" -

    Independent.ie - Frontpage RSS Feed

  • To be sure, all five of the so-called PIIGS countries — Portugal, Italy, Ireland, Greece and Spain — finished in negative territory for the year.

    World Stocks Defied Year of Worry

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