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(单词翻译:双击或拖选)
For the first time in many months, the European markets got a reminder2 of what just a glimmer3 of optimism felt like.
Spurred by plans unveiled over the weekend by President-elect Barack Obama to create up to 2.5 million jobs in the largest U.S. infrastructure4 investment plan in half a century the world markets moved up.
Feeding off the upward trend in Asia, European markets all scored big gains at the start of the week.
Energy shares led the rally that also saw banks, automotive and mining stocks advance.
Stimulus packages were the focus of governments in Australia, China, India and in Europe.
French President Nicholas Sarkozy, left, looks on, as Britain's PM Gordon Brown, center, makes his introductory speech at a conference in London, 8 Dec. 2008 |
In London, British Prime Minister Gordon Brown hosted a meeting at his official residence attended by French President Nicolas Sarkozy and European Commission President Jose Manuel Barroso.
Mr. Brown is a big advocate of using public funds to combat this recession.
"Just as many years ago, investment in road and rail and infrastructure was a powerful stimulus to the economies then, so to in this new age we can invest in the digital infrastructure for the future in telecommunications, in environmentally-related industries and new environmental technologies, in the low carbon industries and services of the future as well as in training and skills," he said. "In other words, to build the technological5 and environmental infrastructure of the 21st century as we invest out of the downturn.
Barroso's stimulus plan for Europe would come with a price tag of nearly $260 billion. The money would come from national governments, EU budget funds, and from the European Investment Bank.
French President Sarkozy said after the meeting, that success in beating the tough downturn can only come through nations working together.
"The economic crisis is very serious and in Europe we need to act in strong, speedy and coordinated7 terms," he said. "We fully8 share the analysis we have just heard of the situation and we are of the view that we need to coordinate6 the effort, and our efforts in Europe is indispensable even if each of us individually do not use the same tools from the tool kit9."
On Thursday and Friday, the 27 European Union leaders will gather at a summit in Brussels to discuss the specifics of that massive stimulus package.
1 stimulus | |
n.刺激,刺激物,促进因素,引起兴奋的事物 | |
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2 reminder | |
n.提醒物,纪念品;暗示,提示 | |
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3 glimmer | |
v.发出闪烁的微光;n.微光,微弱的闪光 | |
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4 infrastructure | |
n.下部构造,下部组织,基础结构,基础设施 | |
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5 technological | |
adj.技术的;工艺的 | |
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6 coordinate | |
adj.同等的,协调的;n.同等者;vt.协作,协调 | |
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7 coordinated | |
adj.协调的 | |
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8 fully | |
adv.完全地,全部地,彻底地;充分地 | |
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9 kit | |
n.用具包,成套工具;随身携带物 | |
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