Greek Political Deadlock Fans Eurozone Worries

 　　World stocks fell sharply Monday as traders voiced new concerns about political uncertainty¹ in Greece.  Analysts say failure by the country's politicians to form a coalition³ government could lead to new elections.  And the growing uncertainty is stoking fears that Greece could become the first country to drop out of the 17-nation eurozone.

　　Greek newspapers warn of an uncertain future.  "Drama" says one headline; another adds: a "Country On The Edge of a Cliff".  With coalition talks by the nation's political leaders going nowhere - market analyst² Theodore Krintas says Greece is like a rudderless ship.

　　"We see that the European as well as the Greek markets are afraid that the political instability that just started last week is going to last for another month," Krintas said.

　　The political problems in Greece are magnified by shrinking economies in Europe and a change of leadership in France.

　　Robert Halver is head of market research at Germany's Baader Bank

　　"It's all politics right now and the German equities⁴ are suffering because we have no clear picture considering Greek policy, a French policy, a European policy," he said.

　　Recent opinion surveys show Alexis Tsipras, the leader of Greece's radical⁵ leftist party, would come out on top if new elections were held next month. His party wants to remain in the eurozone but opposes the terms of an EU bailout.

　　Market consultant⁶ Nick Beecroft calls that an unrealistic position.

　　"There's a real danger in the next six months we see a number of misjudgments on the part of the Greek populace, led, I would say astray, by Tsipras' suggestion that Greece can renege on the austerity program and stay in the eurozone," Beecroft said.

　　European policy expert George Tzogopoulos says such a move could lead to the return to the Greek drachma (former Greek currency), with potentially disastrous⁷ consequences.

　　"Political chaos⁸ and social instability will follow.  Small business and enterprise will become immediately bankrupted.  And the new Greek currency will be devaluated," Tzogopoulos said.

　　Another potentially divisive election in June could make a second bailout for Greece less likely.

　　European leaders meeting in Brussels had a stern message for Greece: stick with the program or face an uncertain future outside the eurozone.

1 uncertainty   

n.易变，靠不住，不确知，不确定的事物

参考例句：

• Her comments will add to the uncertainty of the situation.她的批评将会使局势更加不稳定。
• After six weeks of uncertainty,the strain was beginning to take its toll.6个星期的忐忑不安后，压力开始产生影响了。

2 analyst   

n.分析家，化验员；心理分析学家

参考例句：

• What can you contribute to the position of a market analyst?你有什么技能可有助于市场分析员的职务？
• The analyst is required to interpolate values between standards.分析人员需要在这些标准中插入一些值。

3 coalition   

n.结合体，同盟，结合，联合

参考例句：

• The several parties formed a coalition.这几个政党组成了政治联盟。
• Coalition forces take great care to avoid civilian casualties.联盟军队竭尽全力避免造成平民伤亡。

4 equities   

普通股，股票

参考例句：

• These are invested mainly in the OECD bonds and equities. 这些资产主要投资于经济合作及发展组织的债券与股票市场。
• They are also advantage of the global rebound in equities. 它们还在利用全球股市反弹的机会。

5 radical   

n.激进份子，原子团，根号；adj.根本的，激进的，彻底的

参考例句：

• The patient got a radical cure in the hospital.病人在医院得到了根治。
• She is radical in her demands.她的要求十分偏激。

6 consultant   

n.顾问；会诊医师，专科医生

参考例句：

• He is a consultant on law affairs to the mayor.他是市长的一个法律顾问。
• Originally,Gar had agreed to come up as a consultant.原来，加尔只答应来充当我们的顾问。

7 disastrous   

adj.灾难性的，造成灾害的；极坏的，很糟的

参考例句：

• The heavy rainstorm caused a disastrous flood.暴雨成灾。
• Her investment had disastrous consequences.She lost everything she owned.她的投资结果很惨，血本无归。

8 chaos   

n.混乱，无秩序

参考例句：

• After the failure of electricity supply the city was in chaos.停电后，城市一片混乱。
• The typhoon left chaos behind it.台风后一片混乱。