But if Portugal is to refinance its existing debts at tolerable interest rates, it needs a lower cost of public borrowing.

但如果葡萄牙要在一个可以让人接受的利率水平下对其已有债务进行再融资，那么它就需要降低公共借贷的成本。

youdao

Mrs Reinhart thinks more fiscal stimulus merely postpones the necessary adjustment, because it replaces private debt with even greater public borrowing.

莱因哈特夫人认为更多的财政刺激只是延缓了必要的调整，因为这只是用数目更大的公共借款取代了私人债务而已。

youdao

He seemed to be preparing to sanction an increase in public borrowing.

他似乎正准备批准增加公共贷款。

youdao

Treasury rules dictate that borrowing by publicly owned bodies has to be counted as public borrowing.

ECONOMIST: The Post Office

Too much public borrowing may raise long-term interest rates, offsetting the stimulus in a milder way.

ECONOMIST: Economics focus: Remember fiscal policy? | The

Nothing less than a wholesale bail-out of the banking system, using taxpayers' money and expanded public borrowing.

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