Bond markets are worried about the capacity of Spain, Ireland and Portugal to repay their debts, forcing these countries to increase taxes and cut spending, even as they remain Mired in recession.
债券市场对西班牙、爱尔兰和葡萄牙偿还债务能力有所担忧,强迫它们增加税收削减开支,尽管它们仍身陷衰退。
Bond investors and bankers would quickly become nervous of high debts and deficits.
债券投资者和银行家将很快对高额债务和赤字紧张不已。
The ECB has warned that Greece and Ireland should not default on their immense debts or impose haircuts on senior bond holders.
欧洲央行已警告,希腊及爱尔兰不应不偿付其庞大的债务或对主要债券持有人展开估值折扣。
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