欧洲央行可以利用防止欧元区陷入深刻衰退为借口，启动一项债券购买计划。
The ECB might launch a programme of bond-buying on the pretext that a deep recession in the euro area threatens deflation.
倘若欧洲央行终止这项债券购买计划，西班牙国债收益率将很快冲破7%的关口。
If the ECB were to end that bond buying program, Spanish debt would shoot well past that 7% threshold.
欧洲央行在公众担忧欧洲银行资产负债表健全性的时候公布了债券购买计划。
The ECB's bondpurchases come amid growing concern over the integrity of European bank balancesheets.
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