Southern Europe: How Long Can The PIGS Fly?

The impressive economic recovery in Portugal, Italy, Greece and Spain

After years of economic underperformance relative to the United States, the eurozone is experiencing a notable resurgence. Interestingly, the industrial core of the eurozone, particularly Germany, is now lagging behind its southern neighbors.

Portugal, Italy, and Spain have demonstrated impressive growth, outpacing Germany significantly in their post-pandemic recovery.