imported>Doug Williamson |
imported>Doug Williamson |
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| ''Eurozone.''
| | Service Level Agreement. |
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| In relation to the Eurozone, the 'periphery' is a collective name for the five countries in the Eurozone with relatively weaker economies:
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| Portugal, Ireland, Italy, Greece and Spain.
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| These five countries are sometimes known as 'PIIGS', from the initial letters of their names, or 'SWEAP' (South and West Euro Area Periphery).
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| :<span style="color:#4B0082">'''''Core and periphery diverge'''''</span>
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| :"The eurozone periphery, except for Ireland, remains depressed relative to the core countries. Spain and Portugal are recovering at a glacial pace, but Italy remains mired in a decade-long recession. In Greece, domestic demand is cripplingly low...
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| :Meanwhile, Germany and the Netherlands have ballooning trade surpluses.
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| :The imbalances that caused the eurozone crisis have not gone away."
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| :''The Treasurer magazine, Cash Management Edition April 2019 p21, Frances Coppola, economics and finance commentator and speaker.''
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| | == See also == |
| | * [[QA]] |
| | * [[Service level agreement]] |
| | * [[SLA partner banking]] |
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| == See also ==
| | [[Category:Compliance_and_audit]] |
| * [[Core countries]]
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| * [[European Monetary Union]]
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| * [[Eurozone]]
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| * [[Eurozone crisis]]
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| * [[Grexit]]
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