ISTANBUL – When European Central Bank President Mario Draghi announced in late July that the ECB would “do whatever it takes” to prevent so-called “re-denomination risk” (the threat that some countries might be forced to give up the euro and reintroduce their own currencies), Spanish and Italian sovereign-bond yields fell immediately. Then, in early September, the ECB’s Council of Governors endorsed Draghi’s vow, further calming markets.
伊斯坦布尔—当欧洲央行行长德拉吉在7月底宣布欧洲央行将“尽一切努力”防止所谓的“重新计价风险”（即一些国家可能被迫放弃欧元、重新使用本国货币的风险）时，西班牙和意大利主权债务收益率马上出现了下跌。接着，在9月初，欧洲央行委员会主席的发言又支持了德拉吉的誓言，进一步稳定了市场情绪。