Moreover, many banks had so much public debt on their balance sheets that they would have been bankrupted in the event of a full-blown default. This led to extreme instability in the eurozone’s banking system.
此外，大量银行在资产负债表上持有了太多公债，如果发生全面违约，它们将会破产。这导致了欧元区银行系统的大动荡。