[简答题]Euro debt crisis

[简答题]Fears of sovereign debt crisis developed among investors across the globe together with a wave of downgrading of government debt of certain European states.

[单项选择]So unstoppable has the euro crisis become that even rescue talk only fuels ever-rising panic. Investors have sniffed out that Europe’s leaders seem unwilling ever to do enough. Yet unless politicians act fast to persuade the world that their desire to preserve the euro is greater than the markets’ ability to bet against it, the single currency faces ruin.
It is a sobering thought that so much depends on the leadership of squabbling European politicians who still consistently underestimate what confronts them. But the only way to stop the downward spiral now is an act of supreme collective will by euro-zone governments to erect a barrage of financial measures to stave off the crisis and put the governance of the euro on a sounder footing.
A rescue must do four things fast. First, it must make clear which of Europe’s governments are deemed illiquid and which are insolvent, giving unlimited backing to the solvent governments but restructuring the debt of those that can never rep
A. There is a fuel panic among European countries.
B. The world is unaware of the coming euro crisis.
C. European politicians are frustrated with the euro crisis.
D. Cooperation among European countries may ease the euro crisis.

[简答题]sleep debt

[简答题]debt limit

[简答题]debt ceiling

[名词解释]External debt

[名词解释]Aplastic crisis

[简答题]Sub-prime Mortgage Crisis

[填空题]
( )定期贷款 ( )逾期贷款

[单项选择]When was the euro launched
A. 1992.
B. 1995.
C. 1999.
D. 2001.

[单项选择]Debt covenants are restrictions imposed by bondholders on the issuer in order to protect the bondholders’ position. Which of the following is least likely to be an area in which restrictions are imposed by debt covenants（）
A. Issuance of new debt.  
B. Sinking fund agreements.  
C. Bond repurchases at a premium to par.