MUNICH – In August, the European balance-of-payments crisis moved beyond the Eurozone’s periphery and began buffeting Italy. Interest spreads for Italian government bonds began to rise, Prime Minister Silvio Berlusconi’s administration was alarmed enough to implement an austerity program, and the European Central Bank helped with extra liquidity.
慕尼黑——8月，欧洲国际收支平衡危机冲出了欧元区外围国家范围，开始影响意大利。意大利国债息差开始上升，贝卢斯科尼政府再三收到警示，必须采取财政紧缩计划，欧洲央行也伸出了援手，提供了额外流动性。