Europe’s leadersrecognized that distressed countries’ debts would become unmanageable unlesstheir economies could grow, and that growth could not be achieved withoutassistance.

欧洲的领导者意识到除非面临困境的国家的经济继续增长，否则这些的债务将会失控，而没有外部的援助这些国家经济的增长是无法实现的。

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The process would be messy; some debts might not be paid on time.

这样的过程会是麻烦的；许多债务可能不能准时偿还。

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EU officials also encouraged the flow of private credit to Ireland, Portugal and Greece by saying that the fund would not be repaid before other lenders if debts were restructured.

欧盟官员还鼓励私人资金流入爱尔兰、葡萄牙和希腊，并称如果债务得到重组，如果没有别的贷款人，临时救助基金就拿不到还款。

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In the CPP survey, about 50% of people said they had debts they feared they would not be able to repay in the coming months, rising to 65% among people aged between 25 and 34.

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The news comes as the credit ratings agency Moody's Investors Service said the recent falls in Railtrack's share price would not lead to its debts being downgraded.

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Vetter suggested that bankruptcy would allow GM to make significant changes faster, because a judge could void labor and supplier contracts, debts could be restructured, and Congress would not be involved.

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