英闻天下——414 European Ministers Working on Cyprus Bailout

 　　European finance ministers are trying to finalize¹ a long-delayed bailout deal for Cyprus in a bid to keep the nation from a bankruptcy².

 

　　An agreement on rescue loan package is expected to be reached at a regular meeting in Brussels with tough measures to shrink banking³ sector⁴, raise taxes and privatize state assets in Cyprus.

 

　　The bailout is estimated to cost around 10 billion euros. Even if it is reached at the meeting, it still has to be approved by parliaments in several eurozone nations.

 

　　Spanish Finance Minister Luis De Guindos believes the plan is crucial to the future of the eurozone.

 

　　"Even though Cyprus is a small country, here, right now, there are neither small nor big countries. We have to see it from the point of view of the potential effect that it could have."

 

　　German Finance Minister Wolfgang Schaeuble says it is a long and difficult way to solve debt problems in Cyprus.

 

　　"Cyprus problems are well known: a government debt very high, deficit⁵ very high, the economic situation is as it is, the banking sector is outsized, that is why the preconditions to solve this problem are going to be very, very difficult."

 

　　Meanwhile, the European Central Bank has pushed for a swift deal, even threatening to cut the country's financial system off from an emergency funding scheme.

 

　　Cyprus, which first applied⁶ for a bailout last summer, is not in any imminent⁷ danger of bankruptcy as it faces its next bond redemption only in June.

 

　　Cypriot new government, which took power last month, has indicated it will sell state assets and raise its corporate⁸ tax to increase revenues as part of a solution to ease the current financial crisis.

1 finalize   

v.落实，定下来

参考例句：

• Let us finalize tonight.让我们今天晚上干完
• 。At the same time,industrial designers work with engineers to finalize components and assembly.同时，工业设计师和工程师一道来完成部件和组装部分的工作。

2 bankruptcy   

n.破产；无偿付能力

参考例句：

• You will have to pull in if you want to escape bankruptcy.如果你想避免破产，就必须节省开支。
• His firm is just on thin ice of bankruptcy.他的商号正面临破产的危险。

3 banking   

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。

4 sector   

n.部门，部分；防御地段，防区；扇形

参考例句：

• The export sector will aid the economic recovery. 出口产业将促进经济复苏。
• The enemy have attacked the British sector.敌人已进攻英国防区。

5 deficit   

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。

6 applied   

adj.应用的；v.应用，适用

参考例句：

• She plans to take a course in applied linguistics.她打算学习应用语言学课程。
• This cream is best applied to the face at night.这种乳霜最好晚上擦脸用。

7 imminent   

adj.即将发生的，临近的，逼近的

参考例句：

• The black clounds show that a storm is imminent.乌云预示暴风雨即将来临。
• The country is in imminent danger.国难当头。

8 corporate   

adj.共同的，全体的；公司的，企业的

参考例句：

• This is our corporate responsibility.这是我们共同的责任。
• His corporate's life will be as short as a rabbit's tail.他的公司的寿命是兔子尾巴长不了。