Mediterranean countries, once labeled with the derogatory acronym PIGS, have experienced significant economic success over the past decade. These countries have overcome doubts about their creditworthiness and are now experiencing economic growth. In 2024, Spain was the most successful wealthy country in the world, while Greece and Portugal are recording economic progress. Political power is shifting towards Southern Europe, and after Brexit, an opportunity has arisen for major countries like Spain and Italy. The southern border of the continent is gaining strategic importance.
Mediterranean countries are growing stronger economically.
