Fiscal pessimists point both to past experience and to the arithmetic of public debt for evidence that sovereign-debt crises could spread far beyond Greece.
对财政悲观的人指陈过去的经验以及公共债务的数字做为主权债危机将远远散布超过希腊的证据。
Sovereign debt crises have been with us for many, many years.
主权债务危机已经存在许多、许多年了。
This has prompted another marked difference with past sovereign debt crises: the size of the debts relative to the size of the economies concerned.
这与以往的主权债务危机有明显的不同:债务相较于经济体的规模。
Sovereign debt crises elsewhere in the eurozone imposed pressures Italy lacked the capacity to withstand.
欧元区其他地方的外债危机给缺少回击能力的意大利施加了压力。
But this ignores Germany's major share of responsibility for the currency and banking crises, if not for the sovereign-debt crisis.
但是,这就相当于无视德国在货币和银行危机中所应承担起的主要责任。
Other crises, notably Europe's sovereign debt problems, have loomed larger in investors' minds.
其它危机,尤其是欧洲主权债务问题在投资者心头隐隐浮现。
Other crises, notably Europe's sovereign debt problems, have loomed larger in investors' minds.
其它危机,尤其是欧洲主权债务问题在投资者心头隐隐浮现。
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