The long-term borrowing problem cannot be solved by cutting spending alone.

长期债务问题无法单单依靠削减支出解决。

youdao

Having raised EURO 8 billion this week the Greeks probably have enough money to see them through until May, when a chunk of their long-term borrowing falls due.

在这个星期筹集到80亿欧元后，希腊可能有了足够的资金撑到五月，到那时大量长期债务将会到期。

youdao

Since then, it has shifted most of its borrowing to long-term bonds.

自从那时，美国开始将其借款中的大部分转移到长期债券。

youdao

The bond purchases are intended to keep long-term borrowing costs down and encourage borrowing and spending.

NPR: Fed Keeps Stimulus, Says Taxes And Cuts Have Hurt

The recent spike in Spanish long-term borrowing costs suggests that global investors are starting to agree with them.

BBC: Gauging the fiscal cliff

As part of the program, the central bank sells short-term Treasurys and buys longer-dated ones in an effort to keep long-term borrowing costs down.

WSJ: U.S. Stocks Close Mixed