... 丧失履行债务能力 lose its ability to perform 无法履行债务 Fail to Pay 互相履行债务 counter execution ...
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这场债务争论中的双方都说,他们想避免无法履行债务责任的结局。
Both sides in the debt debate say they want to avoid a default.
然而今年该市不可能通过土地销售来实现550亿元的还款目标,这意味着它今年无法履行债务。
But it is unlikely to reach its target of 55 billion yuan from land sales this year, which might result in a default on the debt.
所以,这个州很可能无法履行银行债务(用流行的委婉说法,它要进行债务“重组”),贷款得不到偿还的银行可能因此被拖垮。
So the state probably would default on its bank debt (“restructure” the debt is the current euphemism), and this might bring down the banks that had made the loans that were now in default.
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