General Economic Conditions
This country still faces the highest unemployment from the PIIGS at 21.50%
What is Greece
This boot-shaped country has a population of 60.6 million people, representing the largest population of this group: Spain, Greece, Ireland, Portugal, and Italy.
What is Italy
The acronym representing the weakest economies in the Eurozone during the European debt crisis.
What are the PIIGS
Portugal's #1 export
What is refined Petroleum
Last year this country grew at 2.7%
What is Italy
This country is the fifth largest economy in the EU, and, despite its place in the PIIGS, it's the 12th largest in the world as of 2010.
What is Spain
Gaelic is spoken by 38.9% of this country.
What is Ireland
PIIGS
What is Portugal, Ireland, Italy, Greece & Spain
This country has a 1.2 Trillion euro debt
What is Spain
This country violated the EU's Growth and Stability Pact budget deficit numerous years and misreported figures in order to maintain the monetary union guidelines.
What is Greece
Despite the fact that the population has been on a steady increase, large sections of people are concentrated in major two major cities, the rural areas of this country, despite the steady growth, have experienced declining population.
What is Spain
PIIGS nations have been blamed for slowing the eurozone's economic recovery following the financial crisis by contributing to slow GDP growth, high unemployment, and high debt levels in the area during this year.
What is 2008
This country has been accused of given illegal preferential tax treatment to Apple.
What is Ireland
This country has grown at a CAGR 9.7% in the last 5 years
What is Ireland
Much of this countries economy is driven by the manufacturing of high quality consumer goods produced by family-owned small to mid-size companies: Ferraris and Gucci apparel just to name a few.
What is Italy
Influential in ancient times, this country is often called the cradle of Western civilization.
What is Greece
Forbidden by this Union the PIIGS were not able to deploy independent monetary policies to help battle the global economic downturn that was triggered by the 2008 financial crisis.
What is European Union
This country exports over 75% of its agriculture-based products, including grain, cattle, cork wheat, and olive oil.
What is Portugal
This country rich in history, romantic stories, and famous beaches has a very large public sector workforce accounting for about half its GDP.
What is Greece
Italy boasts a very high standard of living, but it has financed these standards by being one of Europe's biggest offenders of taking on debt. The country has reached an above-average GDP per capita, with a national debt in excess of 100% of this.
What is GDP
Fairly linguistically and religiously homogeneous. Ethnically the native people form 95% of the total population of this country.
What is Portugal
The quantitative easing (QE) program created by this US financial institution provides credit to European banks at near-zero interest rates to aide in the economic crisis.
What is U.S Federal Reserve
Italy's main import partners are Germany (16.7%), France (8.9%), China (6.5%), Netherlands (5.7%), and Spain (4.4%). This major country is not even on the list of imports, yet it's stock market had a substantial one day drop on Italy's election and fixed debt issues.
What is the United States