Supplies of private-sector securities are limited, reflecting the dominance of bank lending in Europe and depressed sentiment in securitization markets. Augmenting the supply of such securities will take time, which is not something European policymakers possess.
但显然这是不够的。私人部门证券供给有限，反映出欧洲银行贷款的指导地位以及证券化市场的沮丧情绪。扩大这类证券的供给需要时间，而时间正是欧洲决策者所缺少的。