And last month, the E.U. conducted stress tests on Banks, which seem to have done the trick of convincing markets that Europe's financial institutions are not hiding billions of euros of toxic debts.

上个月，欧盟对银行进行压力测试，这似乎也为了让市场信服，欧洲的金融机构没有隐藏了数十亿欧元的有毒债务。

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An industry which should be booming is regarded as toxic by many investors and as a potential source of bad debts by some bankers.

一个本应蓬勃发展的行业却被众多投资者视若洪猛，被银行界视为坏账的高发区。

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This means that some companies are saddled with toxic debts, even though their core business is sound.

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Fannie Mae argued the bank sold it toxic debts and should be responsible for the losses it suffered.

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And he said it would be a far better use of public money than covering the banks' toxic debts.

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