Wednesday, January 5, 2011

PIIGS* might...

Welcome all to THE CONVERSATION for another year!

To kick things off, The Economist has an interesting sidebar on the IMF's outlook for  Ireland and the other hard-up Euro-nations in 2011. Worth a look. And if you're thinking about your holidays, Dublin is beautiful in the northern Spring (and probably very economical).

* If you're wondering (as I was) PIIGS is an acronym used by pundits and other acronym-philes to describe Portugal, Italy, Ireland (a more recent inclusion), Greece and Spain; those countries which, as adopters of the Euro, were hard hit by the GFC due (at least in part) to their inability to use independent monetary policy as a tool to combat the economic downturn (thankyou Investopedia).

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