The ECB was right to be concerned.
央行的担忧是正确的。
The ECB, by contrast, is still at 2%.
相比之下，欧洲央行的基准利率仍坚守在2%。
The caution of the ECB was predictable.
欧洲央行的小心谨慎是可以预见的。
Should the ECB also lower its interest rates?
欧洲央行也应该降息吗？
Few expect the ECB to cut interest rates soon.
极少有人预期欧洲央行将很快降低利率。
欧洲央行应该跟进吗？
So will the ECB and Germany answer the call?
欧洲央行和德国会回应这个号召吗？
The pressures on the ECB are even more intense.
欧洲央行的压力甚至更大。
The ECB needs to swing into action at long last.
在历经曲折之后，欧洲央行必须果断付诸行动。
Meanwhile, Greece would lose its vote in the ECB.
与此同时，希腊会失去在欧洲央行内的投票权。
But the ECB should, perhaps, see it as an opportunity.
但是欧洲央行(ecb)或许还应将之视为一次机遇。
The ECB has offered valuable but strictly limited help.
欧洲央行已经提供了极有限的有用帮助。
Until three years ago, the ECB was also easy to predict.
直到三年前，欧洲央行同样很容易预测。
But the ECB is unlikely to veer from its mission for long.
可是，欧洲央行不太可能偏离其基本使命太远。
Will the ECB deploy its full resources to stop the crisis?
欧洲中央银行是否会动员一切资源来遏制这场危机？
The Fed, the ECB and the Bank of Japan all have work to do.
美联储，欧洲央行和日本央行都有工作要做。
In the end Spain must have support from Mrs Merkel and the ECB.
最终西班牙必须得到默克尔和欧洲央行的支持。
Meanwhile, the ECB has still been quietly buying up Italian debt.
与此同时，欧洲央行仍在默默买入意大利债券。
The only institution that can provide immediate relief is the ECB.
欧洲央行是惟一一家对此可以提供紧急救援的机构。
The ECB is also more confident that economic growth is picking up.
欧洲央行也对现在经济恢复增长更有信心。
The ECB has an exit strategy from its non-standard measures in place.
欧洲央行目前拥有退出非常规措施的策略。
Thursday is the big day with the ECB rate decision and press conference.
周四是重要的一天，因为欧洲央行将宣布利率决定并召开新闻发布会。
The biggest fight is between Germany and the European Central Bank (ECB).
最大的争执发生在德国和欧洲中央银行之间（ECB）。
The ECB is also running out of room to ease policy by conventional means.
欧洲央行几乎耗尽了常规货币宽松政策的运行的空间。
That may leave the ECB with little choice but to step in more aggressively.
这使欧洲央行选择余地更小，只能更深地涉入其中。
That may leave the ECB with little choice but to step in more aggressively.
这使欧洲央行选择余地更小，只能更深地涉入其中。
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