希腊债务状况影响到欧洲金融市场
文章来源:未知 文章作者:meng 发布时间:2010-04-09 06:38 字体: [ ]  进入论坛
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European financial markets have been hit by renewed fears over the state of Greece's debt-ridden economy.

对希腊债务缠身的经济状况的新一轮的恐惧已经影响到欧洲金融市场的发展。

Greece
Greece's public spending cuts have caused widespread anger

Banking1 stocks in particular, both in Greece and other European countries, have seen sharp falls.

Meanwhile on the bond markets(债券市场) , the Greek government's cost of borrowing has risen to record levels.

This reflects investors2' concerns that loans to Greece might not be paid back due to the poor state of the country's public finances.

The Athens Composite index(复合指标,财经综合指数) fell by 3.1%, with banks down 6.4% on average.

All major European markets also suffered, with the UK's FTSE 100 index down 0.9%, Germany's Dax slipping 0.8% and France's Cac 1.2% lower.

Banks in France and Germany were also hit due to their exposure to Greece, with Societe Generale losing 3.1% and Commerzbank down 2.8%.

Fresh doubts

Greece is currently faced with debts of nearly 300bn euros (£267bn, $407bn), and is currently running a budget deficit3(预算赤字) equivalent(等价的,想等的) of 12.7% of GDP.

Its recovery plan involves borrowing on the bond markets and a harsh programme of spending cuts and higher taxes.

But on Thursday, the yield(收益,产量) on Greek government debt hit a new high of 7.5%, a full 3% higher than in October last year. The yield is the interest rate the government has to pay on its bonds to attract investors.

The closely-watched difference between the yield on Greek debt and German debt - which has the lowest rate in the eurozone - also hit a fresh high.

This reflects the doubts among investors that the Greek government can succeed in its plan to slash4(猛砍,鞭打) its deficit, and makes it more likely that the state will turn its eurozone partners for help.



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1 banking aySz20     
n.银行业,银行学,金融业
参考例句:
  • John is launching his son on a career in banking.约翰打算让儿子在银行界谋一个新职位。
  • He possesses an extensive knowledge of banking.他具有广博的银行业务知识。
2 investors dffc64354445b947454450e472276b99     
n.投资者,出资者( investor的名词复数 )
参考例句:
  • a con man who bilked investors out of millions of dollars 诈取投资者几百万元的骗子
  • a cash bonanza for investors 投资者的赚钱机会
3 deficit tmAzu     
n.亏空,亏损;赤字,逆差
参考例句:
  • The directors have reported a deficit of 2.5 million dollars.董事们报告赤字为250万美元。
  • We have a great deficit this year.我们今年有很大亏损。
4 slash Hrsyq     
vi.大幅度削减;vt.猛砍,尖锐抨击,大幅减少;n.猛砍,斜线,长切口,衣衩
参考例句:
  • The shop plans to slash fur prices after Spring Festival.该店计划在春节之后把皮货降价。
  • Don't slash your horse in that cruel way.不要那样残忍地鞭打你的马。
TAG标签: economy financial Greece
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