投资者可能会合理的假设：买欧洲债务的CDS已经不是一个有效的保护形式，让他们都去买欧洲债券，已经是不太可能。
Investors may reasonably presume that buying a CDS on European debt is an ineffective form of protection. That will make them less likely to buy European government bonds altogether.
后者并不代表着提前放弃财政刺激，而是旨在制定一个在经济进一步复苏后能够有效的控制债务的计划。
The latter does not mean abandoning fiscal stimulus prematurely, but laying out a credible plan for how debt will be brought under control once the recovery strengthens.
不过问题在于：对德国来说，即便是部分承认这样一笔债务的有效性，那么与之类似的大量未声明主张也会在一夜之间，如雨后春笋般冒出来。
The problem is this: even partial recognition of such a debt would create a precedent that could bring untold claims in its wake.
现实是，当你拥有诸多债务时，那么从根本上来说，唯一有效的偿债途径就是贬值货币。
The fact is when you've got that much debt... The only effective way of repaying that debt is basically devaluing your currency. '.
然而，刺激经济的财政政策在亚洲比在美国或欧洲更有效，因为亚洲家庭不承担巨额债务。所以税收减免或现金补助更可能用于支出而不是储蓄。
with huge debts, so tax cuts or cash handouts are more likely to be spent than saved.
尽管发生了主权债务危机，而且人们对纾困计划的有效性产生了质疑，欧元区的增长预测却有所提高。
Despite the sovereign debt crisis and questions about the effectiveness of bail-out packages, the forecast for growth in the euro area has improved.
这本书中详尽地描述了“债务雪球”模式。对这种模式的支持使他受到了诸多非议，然而他的方法确实有效。
He takes a lot of criticism for his support of the Debt Snowball, which he describes in detail here, but the thing is: his methods work.
对于欧元区国家来说，一种可能缓解恐慌的有效途径是将他们部分的债务以联合债券的形式来发行。
One useful means of allaying the panic might be for euro-zone countries to issue part of their debtas joint bonds.
基于延缓欧洲困境国家债务重组的A计划已有一段时光，过去还值得一试，如今却不再有效。
Plan a, based on postponing the restructuring of Europe's struggling countries, was worth trying: it has bought some time. But it is no longer working.
银行未能有效监测希腊债务危机的影响程度，为什么要让北欧国家的纳税人去拯救他们？
And why should those same taxpayers be required to save Banks from their failure to monitor the extent of their exposure to Greece?
对一次构建启动测试，并在随后的构建中偿还债务的方法，只要在后继的构建中相同的功能没有变更时都会有效。
This approach of running up a test deficit against one build and paying off the debt on a later build will work as long as the same function has not changed in subsequent builds.
我们正在采取有效措施防范债务、金融等潜在风险。
We are taking effective measures to fend off debt, financial and other potential risks.
尽管面临主权债务危机以及对一揽子抒困措施有效性的种种质疑，欧元区的增长预期有所提高。
Despite the sovereign debt crisis and questions about the effectiveness of bail-out packages.
多持有人的债务是指承担的义务三个或多个债权人，并规定这些人中2/3以上同意的修改是有效的。
Multiple Holder Obligation means an obligation owed to three or more creditors and which requires the consent of 2/3s of these for an modification to be effective.
现实是，当你拥有诸多债务时，那么从根本上来说，唯一有效的偿债途径就是贬值货币。
The fact is when you've got that much debt... the only effective way of repaying that debt is basically devaluing your currency.
这可能是最有效的方式，以减少和调整自己的信用卡债务。
This is probably the most effective way to reduce and restructure one's credit card debt.
这是最有效的方法，你欠债务。
我们正在采取有效措施防范债务、金融等潜在风险。
We are taking effective measures to fend 46 off debt, financial and other potential risks.
采取多种有效措施，积极稳妥地化解乡村债务。
We will adopt effective measures to actively yet prudently reduce the debts of townships and villages.
根据资本结构理论，适当的债务比例可以有效的提高公司价值。
According to the capital structure theory, reasonable debt financing can effectively increase the company value.
为了进一步防范财务风险，有效控制高校债务规模。
To further guard against financial risks, to effectively control the scale of university debt.
应用资本结构政策理论所构建的债务政策模型，可以对我国上市公司债务政策进行有效的量化评价。
This paper argues that a debt policy model based on the theory of capital structure policy can effectively generate quantitative evaluations of the debt policies of Chinese listed companies.
无论本合约由什么理由而终止，本合约的保证条款所规定的主要信贷与债务将继续有效。
Regardless of the reasons for termination of this Agreement, all outstanding credits and liabilities under the warranty provisions under this Agreement shall continue to remain in force.
监管者应找出有效方法配合公司应对不同风险，而银行则自然而然的是信贷风险应对者，因为他们深谙如何评估债务人。
Regulators should also find ways to match different risks with the firms which can best bear them. Banks are the natural bearers of credit risk since they know about evaluating borrowers.
被继承人生前所欠债务如何处理，我国继承法采取了有限责任继承原则，致使债权人的合法权益难以得到有效的保护。
As to how to deal with inheritee's debts, inheritance principle of limited responsibility is adopted in Chian's law, which cannot protect effectively creditor's rights.
即使你一无所有，即使你有债务缠身，但只要签发支票的人有能力支付全数金额，那张支票仍然有效。
Even if you have nothing, even if you are in debt, the check is still good as long as the person who wrote it can pay the full amount.
即使你一无所有，即使你有债务缠身，但只要签发支票的人有能力支付全数金额，那张支票仍然有效。
Even if you have nothing, even if you are in debt, the check is still good as long as the person who wrote it can pay the full amount.
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