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The real PIGS

WHY does the Irish media insist on using the ridiculous and insulting “PIGS” acronym in its financial reports when referring to Portugal, Ireland, Greece and Spain?

The term has been denounced by the Portuguese and Spanish press. Perhaps we should follow suit.

It seems the acronym is more aptly suited to the British and American bond and currency traders who coined the term.

Joseph O’Connor

Ashtown

Dublin 15


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