Instead of austerity and pretence, a credible rescue should start with growth and, where it is unavoidable, a serious restructuring of debt.

不同于紧缩和掩饰，对信誉的挽救应从经济增长和不可避免的严重的债务重组着手。

youdao

Together they should demand, and instigate, a restructuring of Greek debt.

他们应当一起要求、鼓动希腊债务重组。

youdao

With all three countries now being "rescued", the politicians at Europe's core should start work immediately on an orderly restructuring of their debt.

由于三个国家现在处于援助，欧洲核心国的政客应该立即进行有序的债务重组。

youdao

"They're clearly concerned with what restructuring or what type of debt renegotiation, will mean for them and their companies."

VOA: standard.2009.12.02

This broke a taboo on the restructuring of debt to multilateral agencies, and set up a framework for systematic debt reduction in return for overdue economic house-cleaning.

ECONOMIST: For this relief, some thanks

Greece was also in the spotlight, as European Central Bank executive board member Joerg Asmussen said the central bank won't take part in any potential debt restructuring of the debt-laden country.

WSJ: European Markets Rattled

It would be far better to recognise reality and start an orderly restructuring of Greek debt now.

ECONOMIST: Greece's debt crisis