Investment Opportunities in PIIGS
David Hunkar submits:
For the past few months, the Greek debt crisis has been the focus of investors worldwide as the major European countries try to figure out a solution to solve the crisis. Due to politics and the integration of many countries under the common currency, the crisis does not seem as if it will end anytime soon. In addition, Greece, Portugal, Ireland, Italy and Spain (collectively dubbed as PIIGS by traders) are also suffering from high deficits.
Despite the current chaos in the European Union, some good investment choices can be found in these countries. An article in the latest edition of Bloomberg BusinessWeek lists a few stocks from PIIGS that are liked by fund managers.
Investing, Long Term Investment, stock market | admin March 2, 2010
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