Piigs

In Ireland, Some Ex-Construction Workers Are Now Baking Cookies

The Huffington Post | Harry Bradford | Posted 03.02.2012

Read More: Video, Celtic Tiger, Cherry Blossom Bakery, Emigration, Irishcentral, Ireland, Construction Workers, Laid Off, Austerity Measures, Europe, Inside Ireland, Slidepollajax, Piigs, Business News

Construction workers and bakers may not seem so similar, but at one shop, those once operating heavy machinery are now making a small fortune off baki...

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No Way to Hold Eurozone Together

Jeffrey Rubin | Posted 02.06.2012

Read More: European Union, Eurozone Debt Crisis, Piigs, Business News
Jeffrey Rubin

Will the PIIGS sink the euro or will the European monetary union jettison the PIIGS? As the stakes get ever higher, we are rapidly approaching the end game for the European debt crisis.

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GRAPHIC: European Debt Balloons Over The Last Decade

The Huffington Post | Harry Bradford | Posted 11.28.2011

Read More: European Debt Crisis, Gdp, Silvio Berlusconi, Germany, France, Greece Debt Crisis, Italy Debt Crisis, European Union, Euro Zone, mint.com, George Papandreou, Piigs, Business News

Though the European debt crisis has in recent months revolved a small number of countries, most prominently Greece and Italy, issues of sovereign deb...

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Fiscal Irony

Michael Farr | Posted 01.11.2012

Read More: Bond Market, Debt, Housing Market, Fiscal Crisis, European Crisis, European Union, Italy, Wall Street Journal, Recession, European Central Bank, Fiscal Policy, Fiscal Responsibility, Euro, European Debt Crisis, Gdp, Inflation, Europe, Piigs, Business News
Michael Farr

In the U.S., the action in the bond market is difficult to explain. Yields have fallen dramatically this year despite several developments that normally would cause bond investors to flee and yields to soar.

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The United Countries Of The Americas?

Patrick Takahashi | Posted 01.11.2012

Read More: Simon Bolivar, South America, Rio De Janeiro, Machu Picchu, Iguassu Falls, Mexico, Central Mexico, The United Countries of the Americas, Organization of American States, Piigs, Union of South American Nations, World News
Patrick Takahashi

I'm on my annual global adventure and thus far have posted on: - "Japan: Seven Months After the Cataclysm," and - "A Simple Solution for E...

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Is Gold a Safe Haven From a Greek Default?

Jeffrey Rubin | Posted 11.21.2011

Read More: Debt, Gold, Piigs, Business News
Jeffrey Rubin

When virtually every global financial institution is exposed to one other in today's world of free flowing capital markets, where do you hide when bankrupt borrowers like Greece default?

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From "Too Big to Fail" Banks to "Too Big to Default" Nations to What's Next?

Lydia Fisher | Posted 10.19.2011

Read More: Eurozone Crisis, Cinderella of Wall Street, Too Big to Fail, Fiscal Crisis, Monetary Policy, Federal Reserve, Finanical Crisis, Business Ethics, Dallas Fed, Flash Mobs, Renaissance, National Debt, Moral Collapse, Eurozone Debt, Lydia Fisher, Piigs, London Riots, Business News
Lydia Fisher

We've had financial bubbles before. This one's got a twist though. It's fraught with complexity, scope, depth, widespread fraud and bad underwriting practices making coming out of it, all the more difficult.

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Europe: Lacking a Long-Term Solution

Gemma Godfrey | Posted 10.14.2011

Read More: Debt, Europe, Liquidity, Financials, Economy, Bailouts, Downgrade, Credit Default Swaps, Asset Allocation, Eu, Bank Shares, Government, Hedge Funds, Sovereign Debt Crisis, Bank, European Financial Stability Fund, Portugal, Safe Haven, Greece, Equities, Earnings, Hedging, Italy, Volatility, Germany, Stock Markets, Wealth Management, Risk Management, Committee for European Securities Regulators, Commerzbank, Greek Debt, Short Selling, Austerity, France, Investing, Gdp Growth, European Banks, Investment, Ban on Short Selling, Gemma Godfrey, Contagion, Valuations, Debt Burden, Cash, Piigs, Search for Yield, Business News
Gemma Godfrey

Over the last few days we have seen a tremendous amount of volatility in the markets, epitomizing the lack of clarity with which many investors have struggled.

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EU Commission: Find Consensus On Greece Or Global Economy Will Suffer

Posted 09.19.2011

Read More: European Debt Crisis, European Commission, Germany, France, European Union, Eu, Greek Debt Crisis, Contagion, Sovereign Debt Crisis, Piigs, Euro, Business News

BRUSSELS/FRANKFURT (Luke Baker and Philipp Halstrick) - EU leaders must find a convincing solution to Greece's debt crisis at a summit on Thursday...

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Sovereign Debt Crisis Is Now Global

Sheldon Filger | Posted 09.13.2011

Read More: European Debt Crisis, Greek Debt Crisis, Piigs, Sovereign Debt Crisis, Moody's Credit Rating, World News
Sheldon Filger

Any doubt that the Eurozone debt crisis is no longer contained but has metastasized into a full-blown global calamity is rapidly being erased by fast-...

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Ireland's Credit Rating Downgraded To Junk By Moody's

Posted 09.11.2011

Read More: European Debt Crisis, Standard and Poor's, Ireland, European Union, Greek Debt Crisis, Sovereign Debt Crisis, Piigs, Moody's, Ireland Debt Crisis, Euro, Business News

NEW YORK (Walter Brandimarte and Daniel Bases) - Moody's Investors Service on Tuesday cut Ireland's credit rating to junk status, saying the count...

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Europe Acknowledges Greek Default May Be Necessary

Posted 09.11.2011

Read More: European Debt Crisis, European Union, George Papandreou, Greek Default, Greek Debt Crisis, Europe, Piigs, Sovereign Debt Crisis, European Central Bank, Euro, Business News

BRUSSELS (Julien Toyer and Luke Baker) - European Union leaders are poised to hold an emergency summit after finance ministers acknowledged for th...

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Germany Confident Italians Will Institute Austerity

Posted 09.10.2011

Read More: 2008 Financial Crisis, Silvio Berlusconi, Angela Merkel, European Union, Greek Debt Crisis, Sovereign Debt Crisis, Piigs, Euro, Austerity, Video, Business News

BERLIN (Erik Kirschbaum, Eric Kelsey and Sarah Marsh) - Germany's government has full confidence in Italy to take the necessary decisions regardin...

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Europe Alleges Credit Rating Agencies Are Bias Against EU

Posted 09.05.2011

Read More: European Debt Crisis, Greece, Standard and Poor's, Ireland, European Union, Spain, Italy, Europe, Portugal, Sovereign Debt Crisis, Piigs, Euro, Moody's, Business News

BRUSSELS (Luke Baker) - Europe issued a full-throated assault on credit ratings agencies on Wednesday, saying there were signs of bias against the...

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Simon Johnson: Italy Could Be Next

Bloomberg | Simon Johnson | Posted 09.04.2011

Read More: European Debt Crisis, Greece, Silvio Berlusconi, Ireland, Italy, Spain, George Papandreou, Greek Debt Crisis, Portugal, Piigs, Sovereign Debt Crisis, Business News

In recent days, Greece’s parliament adopted new austerity measures and Europe’s finance ministers approved another round of Greek loans. So the Eu...

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The Greek Tragedy: Could a 'Haircut' Help?

Gemma Godfrey | Posted 08.13.2011

Read More: France, Economy, Employment, Imf, Business, Eu, Euro, Consumer, Haircuts, Investing, Credit, Greece, Bailout, Germany, Finance, Piigs, Banks, Europe, Ecb, Risk, Business News
Gemma Godfrey

Debate has been raging as to whether the Greek economy can avoid bankruptcy. Just how big is the problem, what are the options and how is this impacting financial markets?

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Euro Endgame

Janet Tavakoli | Posted 08.01.2011

Read More: Imf, Euro, Greek Debt Crisis, Ecb, Piigs, European Central Bank, Jean-Claude Trichet, Greece Debt Crisis, Greece Debt, Business News
Janet Tavakoli

The European Central Bank is acting as if it can dictate terms to Greece, but Greece is a sovereign country. As U.S. banks found out, when someone owes you money and they can't pay it back, you are in as much trouble -- sometimes more -- as they are.

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Beware Greeks Bearing Banks

Robert Kuttner | Posted 07.22.2011

Read More: Creditors, Goldman Sachs, Dominique Strauss-Kahn, Social Security, Greece, Greece Debt Crisis, Financial Crisis, Economic Recovery, Foreclosure, Medicare, Greek Debt Crisis, Piigs, Austerity, Business News
Robert Kuttner

After every financial debacle or war, there is a huge political struggle over whether creditors get to stand in the way of an economic recovery. Greece is the poster child for this dilemma, and the Greek story reveals the real villain of the piece.

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Portugal Faces Severe Fiscal and Economic Crisis As Eurozone Sovereign Debt Fears Grow

Sheldon Filger | Posted 05.28.2011

Read More: Portugal Economic Crisis, European Fiscal Crisis, Portugal Debt Crisis, Eurozone Crisis, Sovereign Debt Crisis, u.s. National Debt, Piigs, Prime Minister Jose Socrates, Business News
Sheldon Filger

The weakest links in the Eurozone chain are known as the PIIGS. This acronym represents five fiscally vulnerable members of the European monetary unio...

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EU Bonds: Portugal Proving the Point & How You Can Profit

Gemma Godfrey | Posted 05.25.2011

Read More: Central Banks, Irrational, Debt, Etfs, Minister, Balance Sheets, Downgrade, Ireland, Spain, Gemma Godfrey, Eu, Investors, Government, Overreaction, Gdp, Wealth, Insurance, Bailout, Greece, Finance, Portugal, Pension Funds, Moody's, Albert Einstein, Italy, Money, Bonds, Opportunities, Fixed Income, Investing, Insight, Profit, Investment, Companies, Periphery, French Minister, Economic Growth, Europe, Christine Lagarde, Piigs, Business News
Gemma Godfrey

Just what is at the root of the EU's troubles? And how do last week's events with Portugal exemplify the problem?

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DK Matai | Posted 05.25.2011

Read More: France, Paris, Europe, Germany, Berlin, Greece Debt Crisis, Greece Debt, Financial Crisis, European Union, Euro, Portugal, Ecb, Euro Crisis, Spain, Eu, Sovereign Debt, Bonds, Contagion, Lehman Brothers, Sovereign Debt Crisis, UK, Sterling, Financial Reform, Ireland, Italy, Credit Crunch, European Central Bank, Credit Bubble, European Parliament, Financial Meltdown, Default, Finance, Dollar, Global Financial Crisis, Financial Institutions, Financial Regulation, Parliament, European Commission, Credit Rating Agencies, Credit Crisis, Sovereign Default, Banks, Piigs, Global Recovery, Global Warning, Debt, Devaluation, Deleverage, Imf, Reserve Currency, Bundesbank, The Bailouts, Business News
DK Matai

Editor's Note: This post has been removed from the Huffington Post....

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DK Matai | Posted 05.25.2011

Read More: Bank for International Settlements, Bis, International Monetary Fund, Imf, Gold, Banks, Central Banks, Gold Bars, Cash, Eurozone, European Union, European Central Bank, Eu, Europe, China, Financial Crisis, Global Financial Crisis, Swaps, Spain, Recession, Safe, Greece, Portugal, Piigs, Business News
DK Matai

Editor's Note: This post has been removed from the Huffington Post....

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The Ten Countries With The Riskiest Sovereign Debt (PHOTOS)

Posted 05.25.2011

Read More: Slidepollajax, Dubai, Sovereign Debt, Economy, Financial Crisis, Piigs, Sovereign Debt Crisis, Cma, Greece, Business News

The Telegraph reports that the Bank for International Settlements is warning investors of a looming sovereign debt crisis in the developed world. "The...

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Frantic EU Scrambles For Solution To Greek Debt Crisis As Euro Plummets

AP | AOIFE WHITE | Posted 05.25.2011

Read More: Sovereign Debt, Greece, Portugal Debt, Economy, International Monetary Fund, Greece Debt Crisis, Greece Debt, European Union, Global Financial Crisis, Eu, Euro Debt, Sovereign Debt Crisis, Piigs, Business News

BRUSSELS — European leaders are facing a moment of truth at a Thursday summit, as markets press them to come up with a financial safety net for ...

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DK Matai | Posted 05.25.2011

Read More: The Great Depression, 1929 Stock Market Crash, European Union, Financial Crisis, Europe, Euro Crisis, European Central Bank, Great Depression, Russia, India, United Kingdom, Spain, United States, Deflation, IMF Bailout, Eurozone, Inflation, The Great Reset, Ireland, Greece, Global Financial Crisis, Portugal, Global Economic Collapse, Piigs, Debt, National Debt, Greece Debt, Greece Debt Crisis, Corporate Bonds, Corporate Greed, International Monetary Fund, Income, Unemployment Rate, Livelihood, Living Standards, Volcano, Keynesian Economics, John Maynard Keynes, Latin America, North America, Middle East, Sovereign Debt Crisis, Business News
DK Matai

Editor's Note: This post has been removed from the Huffington Post....

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