As The Economist went to press, it still was not clear on what terms America's debt limit would be raised, and for how long.

当经济学人出版时，美国债务界限将升到什么水平，持续多长依然不明朗。

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For example, because it is part of the euro zone, it doesn't have a large printing press to back its debt.

比如说，它是欧元区成员国，没有强大的印钞机来支撑其债务。

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But the precondition is that the creditor Banks should not press too hard for debt repayment beforehand or in advance. If you press too hard, they would have no choice but to apply for bankruptcy.

但前提是各个债权银行不要逼债，不要逼它们提前偿还贷款，你逼急了，它就只是好破产。

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Mr Bush is expected to press for a cancellation of at least four-fifths of the debt and maybe as much as 95% while Iraq's two biggest creditors, France and Russia, are seeking a much smaller reduction.

ECONOMIST: Agreed at last | The

The press's judgment is that last year's debt-ceiling fight was politically bad for both sides.

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All eyes now turn to the full ECB statement and press conference from Draghi, specifically looking for hints that the ECB is preparing to buy more government debt.

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