That's tough for me to imagine; a shrinking economy will increase the pressure on flailing euro-zone members, raising the odds of an acute crisis and a much larger decline in output.

我很难想象，整个经济体的衰退会加大欧元区成员国衰退的压力，增加严峻危机爆发以及大得多的产出下跌的可能。

youdao

The euro-zone economy as a whole may now be shrinking, after GDP fell in the fourth quarter (see article), and the fiscal compact imposed by Germany is geared towards ever more austerity.

ECONOMIST: Europe and the euro

Cheaper access to dollars from the Fed (via the ECB) for euro-zone banks will give them greater incentive to roll over existing liabilities rather than merely shrinking their balance sheets at the current breakneck pace.

WSJ: Central Banks' Action