Banks and governments in these five shaky economies owe each other many billions of euros — converted here to dollars — and have even larger debts to Britain, France and Germany. Arrow widths are proportional to debt amounts.
Europe PIGS Debt – I owe you, you owe me! Who is going to pay?
PIGS will be slaughter
The PIGS have created a real mess…
There are 5…
PIIGS – Portugal, Italy, Ireland, Greece and Spain…