ecb

Emergency cash , in effect , loaned to Greece by the ECB to make sure Greek banks stay afloat while the country negotiates with its creditors .

ELA（EmergencyLiquidityAssistance）紧急流动性援助应急资金，目前正在实施，由欧洲央行借给希腊以确保该国政府与债权方商讨债务方案时，希腊银行能够保持资金流动。

A Russian word meaning a group of three , used by Greek journalists and then others to describe the EU , ECB , and IMF - the trinity of institutions responsible for monitoring Greece 's austerity measures .

Troika三巨头这是一个俄语词，指三人小组或者三国集团，希腊记者将欧盟、欧洲央行和国际货币基金组织合称为Troika，因为这三个组织共同负责监督希腊的紧缩政策。

By then , the ECB would need to make a hard decision .

届时，欧洲中央银行不得不作出艰难的决定。

Yet the ECB can only take things so far .

然而，欧洲央行也只能到此为止。

The ECB would stress test the banks .

欧洲央行将对银行进行压力测试。

However , the ECB is already playing this role to a large extent .

然而，欧洲央行在很大程度上已经在扮演这一角色。

Without finance from the ECB , the banks would have collapsed .

如果没有欧洲央行的融资，这些银行将会破产。

Well , then , what did they have against the ECB ?

既然如此，他们对欧洲央行又有什么反对意见？

The ECB might in fact be able to do very little about this .

欧洲央行实际上能做的也许不多。

He also pointed to support from the private sector for an enhanced ECB role .

他还提到私人部门对欧洲央行加强职能的支持。

Meanwhile , Greece would lose its vote in the ECB .

与此同时，希腊会失去在欧洲央行内的投票权。

There is pressure on the ECB to follow suit .

欧洲央行也面临着采取同样举措的压力。

Will the ECB follow the fed to the zero boundary ?

欧洲央行会追随美联储采取零利率政策吗？

The ECB won the battle without having to fire a shot .

欧洲央行不费一枪一弹便赢得了那场交锋。

But this is not the policy of the ECB .

但这不是欧洲央行的政策。

If that continues , the ECB could still raise official borrowing costs next year .

如果这种趋势继续下去，欧洲央行可能会在2008年加大官方借贷成本。

Second , the ECB still owns Greek government bonds worth some 40 billion .

其次，ecb仍然拥有希腊政府价值约400亿欧元的债券。

The database also contains data on downloads from the ECB website in encrypted form .

该数据库中还包括了如何以加密方式从ECB网站下载相关内容的信息。

So did the central banks , in particular the ECB , take the right course of action ?

那么，这些央行，尤其是欧洲央行是否采取了正确的措施？

If I were the Chinese central bank I would be saying : what is the ECB doing ?

布思说：如果我是中国央行，我恐怕会问：欧洲央行在干什么？

That leaves the ECB as the last line of defence for the euro .

因此，欧洲央行就成为保卫欧元的最后一道防线。

The Fed , the ECB and the Bank of Japan all have work to do .

美联储，欧洲央行和日本央行都有工作要做。

He said the ECB was a young , powerful but increasingly arrogant institution .

他表示，欧洲央行是一个年轻、强大但越来越傲慢的机构。

Most analysts now predict a 50 basis point cut when the ECB meets next week .

大部分分析家预测下周欧洲中央银行将会下调利率大概50个基点。

European Central Bank ( ecb ), frankfurt , germany

欧洲中央银行（ECB），法兰克福，德国

The ECB president urged governments to stick to fiscal consolidation plans .

德拉吉敦促各国政府恪守财政巩固计划。

This would violate rules about what the ECB can accept as collateral .

这将违反有关欧洲央行可以接受哪些东西作为抵押品的规则。

European banks are able to deposit government bonds at the ECB in exchange for liquidity .

欧洲各银行目前能够将国债存入欧洲央行，以换取流动性。

The economic risk is that it is uncertain how much ECB bond-buying will achieve .

经济上的风险是，欧洲央行的国债购买行动会起到多大效果，仍是个未知数。

  which means that the ECB has in fact started financing the public spending of these countries .

这意味着，欧洲央行实际上已开始为这些国家的公共支出融资。