Some have called for the creation of "euro bonds," which would be a way for Germany to guarantee the debt of Italy, Spain, Greece and other troubled countries.

有些人主张发行“欧洲债券”，从而为德国提供一种对意大利、西班牙、希腊和其他身处困境的国家债务的担保方式。

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These institutions have an implicit, or explicit, federal guarantee on their debt that lowers their cost of capital, giving them a permanent competitive advantage.

这些机构的债务拥有隐性和显性联邦担保，这降低了其资金成本，从而赋予了它们永久性的竞争优势。

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If you need to raise a lot of debt, you need an FDIC guarantee.

如果你要发行大量债务，就必须得有FDIC的担保。

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Holger Schmieding, chief economist of Berenberg Bank, thinks governments should guarantee the debt of any country that submits to an adjustment programme approved by the EU and IMF.

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Half would be reinvested in 30-year Greek government debt, with the remaining 20% put into triple A securities as a form of guarantee against losses on the Greek debt.

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This stems from a Financial Accounting Standards Board ruling that airport bonds should be treated as debt of the airlines that guarantee them.

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