但在目前的制度之下,在第21.5条文评审会未有判定[违约方]有持续违约行为之前,投诉方不能考虑报复行动。
Under current practice, however, the consideration of retaliation does not occur until after an Article 21.5 panel has found continued non-compliance.
理论上,这种交易长期来看是不可持续的,高收益只不过是为违约风险的投资者做补偿。
In theory this trade should not be sustainable in the longer term; the higher yields should merely compensate investors for the default risk.
迄今为止,硬性数字本身表明希腊违约对其余欧洲金融体系不会造成持续伤害。
The hard Numbers alone thus suggest that a Greek default would do little lasting harm to the rest of Europe's financial system.
一份最近的评估报告预计高产债的违约率,从2007年的0.9%上升到今年4.8%,翻了4倍。若衰退持续,上述情况还算是乐观估计。
One recent estimate expects default rates on high-yield debt to quintuple from 0.9% in 2007 to 4.8% this year. If the downturn endures, even that could prove optimistic.
随着许多按揭贷款的缩水,持续的工作岗位裁减将迫使更多房主选择违约。
With many mortgage loans underwater, continuing job losses are pushing ever more households into default.
但是,如果进入全球市场的代价变得愈发高昂,而且经济持续下行轨迹,那么违约仍然是一大风险。
However, default remains a risk if access to global markets becomes increasingly more expensive and the economy continues its downward spiral.
但是,如果进入全球市场的代价变得愈发高昂,而且经济持续下行轨迹,那么违约仍然是一大风险。
However, default remains a risk if access to global markets becomes increasingly more expensive and the economy continues its downward spiral.
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