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Posts Tagged ‘PIIGS’

PIIGS not PIGS

There hasn’t been a pig of the week for some time. At least in part this is due to economics commentators messing up my google alerts with references to the PIGS countries. Ambrose Evans-Pritchard, at the Daily Telegraph, is the latest to commit this error; a particularly egregious instance as he actually discusses Italy’s situation. As we should all know by now, the Eurozone countries with unstable or possibly unstable levels of national debt should be referred to as the PIIGS countries. PIGS are a completely different thing.

PS. However! I did not know until I read that article that Angela Merkel has a PhD in nuclear physics! That is pretty cool.

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