What are the countries known as the Four Pigs of Southern Europe?

Greece, Italy, Spain and Portugal in Southern Europe.

It has always been a favorite destination for tourists looking for sun, sand and waves, however, with the dominoes of the Wall Street financial crisis pushing past Dubai.

Later, the Mediterranean.

The four countries on the coast have already felt that they will be pushed next.

The four countries of southern Europe have a long history, ancient Greece.

And Roman civilization has influenced the world to this day, Spain and Portugal were the pioneers of the Age of Discovery, and once upon a time, the whole of South America.

and most of Black Africa, all of which fell into the pockets of Spain and Portugal. In the modern era, although the pace of progress lagged behind that of the United States, Britain, Germany, France and Japan, they generally developed along the tracks of European trains, and fortunately, they did not resemble World War II.

Germany and Japan, like the scorched earth, did not withstand the toss of the Soviet Union and Eastern Europe, and after the establishment of the European Union, they naturally became the first members. Its people live in abundance and comfort, lazy and leisure, high quality of life, and a small gap between the rich and the poor. In addition to tourism and the derived related service industries, the industrial economic structure of southern European countries is single, in the traditional shipbuilding, automobile and other industries have been gradually depressed, but the emerging industries are almost a blank slate, therefore, the country's best budget, in the annual rise in public expenditure and welfare subsidies, will undoubtedly be stretched, had to use the east wall to make up the west wall of the way of borrowing to solve.

In fact, the Asian financial crisis at the end of the last century.

The countries on the coast of the South China Sea, which are famous for their tourism, have already rehearsed the tragedy of the four pigs in southern Europe, but the Europeans on the Mediterranean did not expect that bad luck would befall them one day. is printing the old saying "everyone comes out to mix, sooner or later they will have to pay it back". <

Portugal, Italy, Greece, and Spain did not meet the standards of the eurozone due to their deterioration in finances, causing a euro crisis.

Spain, Portugal, Greece, Italy and Ireland are known as the European pig five.

According to some news reports, the four countries are Australia, Chile, New Zealand, and the Netherlands. The name comes from the time of World War II.

Portugal, Italy, Ireland, Greece, Spain.

Collectively known as the piigs European pig five countries.

The sovereign debt crisis of the eurozone member states has become one of the main factors threatening the global economic recovery, and the term "piigs" (Portugal-Portugal, Italy-Italy, Ireland, Greece, Spain) has become the latest buzzword in the international financial market recently.

There is also a portugal - Portugal, Italy - Italy, Ireland - Ireland, greece - Greece, Spain - Spain, collectively known as piigs, the five countries of European pigs.