Heh, Finance terms. PIGS supposed to be Portugal, Italy, Greece and Spain. Which all 4 actually made it into the Euro Quarter Finals. Another interesting thing to note is that the bigger lenders (Germany, France and maybe England?) also made it into the Quarter. Too bad is already out, otherwise it'll be the true PIGS in the Semi-Finals.
Still, more or less, it's the indebted countries vs the No.1 EU lending country. Interesting Semi-Final.