The economic headwinds are formidable: fiscal austerity, high interest rates outside AAA-rated countries, credit cutting by banks, deleveraging households, weak private-sector investment, and declining exports as the global slowdown undermines demand.
经济所面临的困难是巨大的：财政紧缩、AAA以下级别国家的高利率、银行信用的削减、家庭的去杠杆化、疲软的私人部门投资以及因全球减速影响需求而导致的出口下降。