Saturday, March 6, 2010

Europe's PIGS countries: Send us your experiences


Are you in one of Europe's so-called PIGS countries? If so, we would like to hear from you.

The unflattering acronym is used to refer to the eurozone's most financially troubled and debt-laden countries - Portugal, the Irish Republic, Greece and Spain.

This week, Greece announced an austerity package worth 4.8bn euros ($6.5bn; £4.4bn) in an effort to cut its huge debts.

There is talk of a possible EU rescue deal for Greece, as the eurozone tries to bolster confidence in the single currency.

Both the Irish Republic and Spain have been hit hard by the collapse of their property bubbles and soaring unemployment.

Portugal has also been battered by the financial crisis.


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