The PIGS 金猪四国.pptVIP

PIGS PIGS in the world cup The economic base determines the performance of the world cup. Look at the PIGS from the debt crisis Greek debt crisis Goldman SachCreative accounting practices Weak industrial base, rely on the tourism industry Fiscal expenditure is too large Unreasonable tax system, tax evasion phenomenon is serious The PIGS * * * Portugal Italy Greece Spain Italian and Paraguay ended in a standoff Portugal and Ivory Coast ended in a standoff Greece lost to Korea Spain lost to Switzerland budget deficits of less than 3% of GDP the debt ratio is lower than 60% of the GDP be a