With the risk premium at current levels, there is a real danger that Greece may not be able to extricate itself from its predicament, regardless of what it does, because further budget cuts would further depress economic activity, reducing tax revenues and worsening the debt-to-GDP ratio. Given that danger, the risk premium will not revert to its previous level in the absence of outside assistance.
如果风险溢价保持当前的水平，希腊很可能不管怎么做都无法摆脱目前的困境，因为削减预算就会降低经济活力，减少税收和导致债务和 GDP 的比率进一步恶化。在没有外界帮助下，风险溢价不可能回落到正常水平。