Meanwhile, governments were running large deficits – a legacy of the economic downturn – which renewed growth was supposed to shrink. In the eurozone, countries like Greece faced sovereign-debt crises as bank bailouts turned private debt into public debt.
经济顾问们向他们的老板保证，复苏将很快发生。也确实出现了一些复苏；但2010年就陷入了停滞。与此同时，政府出现了巨额赤字——这是经济衰退的后遗症——这应该由复苏的增长来消化。在欧元区，希腊等国家因为银行援助把私人债务转变为公共债务，而面临着主权债务危机。