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PIIIGS - What does it mean?

Definition of 'PIIIGS'

English

Proper noun

(en-proper noun)
  • (economics) Portugal, Italy, Ireland, Iceland, Greece and Spain, grouped on the basis of their high indebtness during the European sovereign debt crisis.
    • European Union economic planners are chewing their fingernails over looming defaults in Portugal, Ireland, Iceland, Italy, Greece and Spain. PIIIGS are part of an economic block that could paralyze the entire "Planet Money" if the hemorrhage is not dealt with.
  • :: "Movie sheds light on Wall Street protests", Vic Hummert, 17 October 2011, The Advertiser
    • PIGS, PIIGS or PIIIGS – They All Smell Like Bacon
  • :: "Will Sovereign Debt Tsunami Drown All the PIIIGS and Then the US and UK?", Lorimer Wilson, 11 April 2010, MunKnee
    • The so-called PIIIGS of Europe (Portugal, Italy, Ireland, Iceland, Greece and Spain) are all in the bottom third.
  • :: "Sovereign Fiscal Responsibility Index 2011", TJ Augustine, A Maasry, D Sobo, 2011, Stanford University

    • Related terms

    * PIGS * PIIGS * PIIGGS

    Similar to 'PIIIGS'

    PIIGS, PIIGGS, PFIGS