Further, the so-called no-bailout clause specified that member states should not be liable for, nor assume, the commitments or debts of any other.

所谓的“不救援”条款进一步规定成员各国不必承担也没有义务为其他任何一个成员国的义务或债务负责。

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When Brazil became independent in 1822 Britain insisted that it assume the debts of the Portuguese crown.

当巴西1882年宣布独立之后，英国一直坚持它承担了葡萄牙皇冠的债务。

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Still, assume the best: that after a lending boom of several years, bad debts at emerging-market banks are under control.

然而，假设最好的情况：在为期几年的贷款业务繁荣之后，新兴市场银行的坏账仍在控制之下。

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That is what happened with Japan National Railways Settlement Corporation, a company set up ten years ago to assume the massive debts of the privatised railway network.

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Jakarta also assured that depositors would get paid, and it used IBRA to assume many of the bad debts of local lenders.

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They need to assume some form of joint liability for debts, with only the well-behaved benefiting from the shelter of Eurobonds.

ECONOMIST: The European Union in disarray: A comedy of euros | The