An alternative course would be to try to make a "no bail-out" model work.

另一个选择方案是努力促成一个不需救助就能摆脱危机的模式。

youdao

The single currency's architects put their faith in the "no bail-out" clause coupled with a "stability and growth pact".

单一货币的设计者们之所以对不设“拯救计划”条款这种抱有信心，是因为他们推出了“稳定与增长公约”。

youdao

They have incentives to announce a no-bail-out policy in order to encourage their charges to behave prudently.

监管机构已经宣布了一项不予救助的激励政策以便于来鼓励私人部门谨慎的行为。

youdao

Under the no-bail out scenario, the European Central Bank would simply supply money to the Spanish banks.

FORBES: 24 Hours For Spain To Break The Euro

While these are taking place, there would be no bail-out money to fill the hole in Greece's primary budget (ie, excluding interest).

ECONOMIST: Leaving the euro

They have yet to fix the instability of a currency union built on an incompatible triad: no bail-out, no default and no exit.

ECONOMIST: Charlemagne