Stay informed with free updates
Simply sign up to the Life & Arts myFT Digest — delivered directly to your inbox.
The acronym was cruel enough. More than a decade ago, as Portugal, Italy, Greece and Spain fought to prove their creditworthiness to a doubtful world, the term “PIGS” caught on. But it was an innocuous-sounding phrase, “the periphery”, that really hurt, like calling Poland “eastern” Europe. (Or Hampstead a “suburb”.) For millennia, the Mediterranean world viewed…
Read the full article here