Private spending in the debtor nations fell sharply.
债务国家的私人开支剧烈下降。
Mature debtor nations will have extensive capital account transactions.
债务到期的国家将会进行广泛的资本项目交易。
As a rule, a lower credit rating means higher borrowing costs for debtor nations.
根据通行法则，更低的信用评级对债务国意味着更高的借贷成本。
Furthermore, he has to function with one hand tied behind his back, because Germany remains adamantly opposed to anything that might make life easier for debtor nations.
此外，由于德国依然坚决反对任何改善债务国生活的政策，德拉吉的一只手受到束缚。
As a result, the market now expects very low inflation in Germany - around 1 percent over the next five years - which implies significant deflation in the debtor nations.
结果，市场现在期望德国出现非常低的通货膨胀——今后5年内大约为1%，意味着债务国家将发生十分严重的通货紧缩。
As a result, the market now expects very low inflation in Germany - around 1 percent over the next five years - which implies significant deflation in the debtor nations.
结果，市场现在期望德国出现非常低的通货膨胀——今后5年内大约为1%，意味着债务国家将发生十分严重的通货紧缩。
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