Hints and tips:
...shake the euro 'It's a truism to say that Italy didn't undertake the sort of radical reform that might have created a different outcome in the eurozone, but then again that surely is the tale of all the PIIGS...
...As a result, cost competitiveness increased in all PIIGS countries, except Italy....
...Following the financial crash and the eurozone’s double-dipping PIIGS and Greek debt crises, investors can’t move on. Yea though we walked through the valley of the shadow of death, we do fear evil....
...Does the crisis show signs of spreading to the PIIGS? 2. What do the world’s central banks do, especially the ECB and the BOJ?...
...That improvement is not uniform across the group formerly known as the Piigs (Portugal, Ireland, Italy, Greece and Spain), even ignoring Greece’s travails....
Europe's periphery appears more expensive than the US
...Mr Tusch-Lec added that a lot of his exposure to Europe, which represents a significant 40 per cent of the fund, is invested in Piigs....
...The emergence of “Piigs” (Portugal, Ireland, Italy Greece and Spain) was one of the first symptoms of the budding crisis on the periphery of the eurozone....
...By this year, every one of the much-maligned Piigs had exited the currency danger zone....
...The burgeoning activity puts the cluster of countries, often unflatteringly referred to as “the PIIGS”, at odds with the wider trend in Europe’s property market, where demand, having risen steadily for two...
...Ever since Brics was coined we have recoiled from PIIGS, grappled with Chimerica and been sceptical about both Abenomics and Liconomics....
...“When we first went to Brussels we were one of the Piigs [Portugal, Italy, Ireland, Greece and Spain] and you couldn’t but experience the cold shoulders that went with that....
...For the past couple of years, investors in America (along with the rest of the world) have been panicking about PIGS, or even PIIGS....
...Peripheral bank shares are at 1985 levels, according to the Datastream PIIGS Banks index. US shares’ one-year returns are outperforming the eurozone by the most since 1991....
...Sovereign exposures to PIIGS and Cyprus totalled £5.6bn. We think all of these exposures are at risk of redenomination as the probability of Eurozone exits/devaluations rises....
...The hope is that GoG never strays the way of PIIGS. When it last did, it went HIPC. Ghana has since graduated to the LMIC category of country. It will pay more to borrow....
...Investors have long fretted about the size of its national debt, worth just under 100 per cent of gross domestic product, the highest level outside the PIIGS....
...RBS’s direct sovereign exposure to PIIGS is low EUR £2 billion; however total PIIGS exposure is much higher £56.7 billion....
...most cases focused on PIIGS countries (Italy for the Italian banks, Spain and to a lesser extent Portugal for the Spanish)....
...around 1 per cent just this summer, and its meteoric growth shows that Belgium is now half-way to becoming a peripheral country like Spain or Portugal (hence the new acronym for the laggards: Manneken PIIGS...
...- German banks and the PIIGS. - The difficult business of Greek CDS triggers. - News Corp: “…the whole thing has a BP feel to it.” - It’s like the Tarp vote all over again, isn’t it?...
...relieved to have no Greek banks to worry about, now downplay their direct exposure to Italy – the big, debt-laden EU economy that changed the spelling of “PIGS” (for Portugal, Greece, Ireland and Spain) to “PIIGS...
...But for the moment, they are weathering the PIIGS crisis. Related reading: Eastern Europe: An uplift under way, FT...
...It is fairly self-evident that RBS has absolutely no need to raise capital – a core tier 1 of 11.1%, Greek sovereign debt already written down by 50% in Q2, fairly modest sovereign exposures to other PIIGS...
...Spreads on Slovenian 5-year-bonds have widened to around 400 basis points over the equivalent German debt, according to Bloomberg data, putting the country dangerously close to the so-called PIIGS (Portugal...
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