Greece, Ireland, Portugal, and Spain’s collective draw on Target credits forced the Bundesbank to reduce the refinancing credit that it issued by about €30 billion per year from 2008 to the end of 2010, when it stood at barely €90 billion. At that rate, it was predicted that the level could fall to zero within the next three years.
希腊、爱尔兰、葡萄牙和西班牙迫使德国央行在2008—2010年间每年削减300亿欧元的再融资信用（2010年，四国目标信用总量为900亿欧元）。照这个速度，德国的再融资信用发行量不出三年就会减少到零。