Reform failures may still kill off the euro (PIGS explained) – Times Online

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I am referring to euroland’s “Pigs”. Pigs, like “Brics” is an acronym, though less flattering to those who fall into it. While Brics refers to the fast-growing emerging economies of Brazil, Russia, India and China, the Pigs are the struggling euroland countries of Portugal, Italy, Greece and Spain.

Reform failures may still kill off the euro - Times Online

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