The Fed and BOJ are holding rates while ECB is expected to increase further rates even as Portugal, Ireland and Greece suffer from default on debt.

美联储和日本央行可能会维持利率不变，而欧洲央行有望进一步上调利率，因为葡萄牙、爱尔兰以及希腊纷纷遭遇过债务违约问题。

youdao

At the same time, most investors believe Germany won't permit Greece, a euro-zone member, to default on its debt.

与此同时，大部分投资者认为德国不会允许欧元区成员国希腊在债务上违约。

youdao

And barring a catastrophe, like a forced default on US debt, in another year or so we should be back, big time.

在抵挡住一场大灾难，例如美国庞大债务导致的违约后，经过一年左右的时间我们就能东山再起，并大有作为一番。

youdao

Spreads on ten-year government bonds over German Bunds a measure of the perceived risk that Greece may default on debt repayments edged upwards.

ECONOMIST: A Greek deficit-reduction plan is greeted sceptically

Worries about default on debt payments by Greece and rising Italian bond yields are the EU debt crisis worries of the moment on this day.

FORBES: Comex Gold Higher on Bargain Hunting, Weaker U.S. Dollar Index

However emotionally satisfying, forcing banks to default on debt would cause the type of liquidity runs and market dislocation that brought chaos after the collapse of Lehman Brothers last year.

ECONOMIST: Is it time to nationalise Citigroup and Bank of America?