The bailouts came with conditions. Lenders imposed harsh austerity terms, requiring deep budget cuts and steep tax increases. They also required Greece to overhaul its economy by streamlining the government, ending tax evasion and making Greece an easier place to do business.
这些援助是有条件的。贷方强加给希腊一些财政紧缩条款,要求它大幅削减预算和增加税收,此外还要求希腊通过精简政府机构、终止偷税漏税、改善商业环境来彻底改革其经济。
If Greece has received billions in bailouts, why is there still a crisis?
既然希腊收到了数以亿计的援助,为什么还会发生危机?
The money was supposed to buy Greece time to stabilize its finances and quell market fears that the euro union itself could break up. While it has helped, Greece’s economic problems haven’t gone away. The economy has shrunk by a quarter in five years, and unemployment is above 25 percent.
这笔钱是用来为希腊换取稳定财政的时间,以及压制市场对欧盟分裂的恐慌。虽然达到了这些目的,但希腊的经济问题并未得到解决。希腊经济在5年里缩水1/4,失业率超过25%。
The bailout money mainly goes toward paying off Greece’s international loans, rather than making its way into the economy. And the government still has a staggering debt load that it cannot begin to pay down unless a recovery takes hold.
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