Spain, Italy should lose ‘PIGS’ tag: Alfredo Pastor interview

Alfredo Pastor

In recent months it has become fashionable to speak of the PIGS (or even PIIGS) economies in derisory terms. The troubles of Portugal, Italy, Greece, Spain and sometimes Ireland have spawned an acronym and drawn investor attention.

To find out whether the acronym is merited, Credit spoke to Alfredo Pastor, Spanish secretary of state for economic affairs from 1993–1995, a former World Bank economist and now a professor in the Department of Economics at IESE Business School in Navarre.

Is it unfair

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to View our subscription options

If you already have an account, please sign in here.


Want to know what’s included in our free membership? Click here

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here