This could open up the short-dated market – and is preferable to the secretive bond purchases by the European Central Bank.

此举可以打开短期市场——而且比欧洲央行秘密购买债券更加可取。

youdao

However, optimism for an ECB rate cut was tempered by signs that the ECB isn't prepared to take more aggressive steps to combat the impact of the euro-zone debt crisis, such as ramp up open-market purchases of European government bonds.

WSJ: Dow Jumps 286.84 Points in Broad Rally

South Korea has promised to open up its legal market to outsiders under a Free Trade Agreement with the European Union that should be ratified later this year.

ECONOMIST: Law and globalisation