sovereign debt crisis

基本解释

Q: What is China's view about the ongoing sovereign debt crisis in Europe?
问：当前欧洲主权债务危机仍在发展，中国对形势有何看法？
www.fmprc.gov.cn
Japan has no difficulties financing its deficit and there is no sign that it could face a sovereign debt crisis in the near future.
目前日本在筹措资金填补赤字方面没有困难，也没有任何迹象表明日本在不远的将来可能面临主权债务危机。
www.irfp.com.cn
The austerity required in Europe to deal with the sovereign debt crisis is likely to push Europe into a recession. This will impact US corporations dependent on important profits from Europe.
欧洲应对主权债务危机所必须的财政紧缩很可能将欧洲推向经济衰退，这使那些盈利高度依赖欧洲市场的美国公司受到冲击。

That basically means investors are worried that we are probably going to be going into a double dip scenario because of the sovereign debt crisis that is occurring in Europe."

Meyer said that he believes the sovereign debt crisis in Europe is far from over.
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