Students of past “cod wars” with Britain will be aware of Icelanders' determination to protect national assets, but given that it is the Icelanders who are demandeurs they may have to compromise.

先前和英国之间的鳕鱼争战，让人领教了冰岛人保护自己国家的资源的决心，但同时作为申请者的他们也许又不得不妥协。

youdao

The first pill was a steep cut in the price that Ireland’s newly-formed “bad bank”, the National Asset Management Agency (NAMA), is paying for the assets it will take off the banks.

第一粒药片就是对价格的大削减。 爱尔兰新成立的坏银行——国家资产管理机构（NAMA）将付钱买账，这相当于抢了银行的钱。

youdao

The first pill was a steep cut in the price that Ireland's newly-formed "bad bank", the National asset Management Agency (NAMA), is paying for the assets it will take off the Banks.

第一粒药片就是对价格的大削减。爱尔兰新成立的坏银行——国家资产管理机构(NAMA)将付钱买账，这相当于抢了银行的钱。

youdao

Certainly, it would have been spared a shocking devaluation of its national assets, and probably it would have been prevented from putting up capital controls.

BBC: Icelandic lessons for the eurozone

This is a very painful concession for me, because these places were the cradle of our national birth and no nation willingly gives up such historic assets unless it is defeated in war, which we were not.

ECONOMIST: Israel

The talk in the commission is that, of 45 banking cases it has looked into, 44 involved overestimation of assets by national regulators, probably to mask the scale of assistance.

ECONOMIST: Charlemagne