Investors who had assumed an almost equal risk of default among euro-zone countries are now relying on emerging-markets desks to help them understand the credit risks they are taking.

认为欧元区内国家几乎有着同等违约风险的投资者们现在都依赖于新兴市场柜面来分析他们所承担的信用风险。

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In the Server Settings field, select your Default country and Default time zone.

在服务器设置字段，选择默认的国家和时区。

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It is no longer just whether any of the 17 governments in the euro zone will default on its debts; increasingly it is whether the euro zone will survive in its current form at all.

不再仅仅是欧元区17个成员国中是否有哪个会出现债务违约，而越来越多的是欧元区是否会以现有的形式存续下去。

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The government can't afford to borrow that money, equivalent to 50% of Cyprus's GDP, since its debt is already approaching 100% of GDP and so would become unsustainable raising the specter of a second euro-zone sovereign default that the euro zone has insisted was unthinkable.

WSJ: Post-Election Inaction Could Reawaken Crisis

Before the crisis investors assumed no euro-zone government would default on its debt.

ECONOMIST: The causes

The prospect that a euro-zone country might default on its loans, never mind leave the euro, is fairly remote.

ECONOMIST: The gains outweigh the losses