Even if Europe's Banks don't face a liquidity crunch, a drop in the value of sovereign bonds would severely deplete their capital, forcing them to halt new lending.

即使欧洲银行不会面临流动性紧缩问题，如果其持有的主权债券贬值，其资本仍将严重下降，这将迫使它们停止发放新贷款。

youdao

Third is the European financial crisis sparked by the insolvency of Greece (no mere liquidity crisis in that country-it's broke), which has driven down the value of the Euro relative to the dollar.

第三，由希腊破产(并非流动性危机，而是崩溃)给欧洲的财政危机雪上加霜，从而导致欧元相对于美元贬值。

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In Britain, the Royal Bank of Scotland shed around 40 percent of its value at one stage. At issue were questions over the institution's liquidity and solvency.

在英国，苏格兰皇家银行股票一度下跌40%，主要由于该银行的流动性和偿付能力受到质疑。

youdao

And because investors value liquidity, the bias of market forces is towards the consolidation of trading in one place, or at least to a place linked to many others.

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For most investors in technology start-ups, the typical approach entails a five-year investment horizon that will enable the company to build market share and a sizeable customer base, making it ripe for a high-value liquidity event.

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All that really means is that investors value the immediate liquidity that is associated with a public company.

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