VOA标准英语2012--Eurozone Crisis Expected to Dominate G20 Summit

 

Eurozone Crisis Expected to Dominate G20 Summit

“The Eurozone crisis is going to be the first and second leading agenda item when it comes to Los Cabos,” said Stewart Patrick, a senior fellow at the Council on Foreign Relations.

Greece

Sunday’s parliamentary election in Greece could add urgency to efforts to resolve the crisis. Greek voters will decide between candidates who support the austerity measures that come with a European bailout and those who want to scrap¹ the agreement, possibly driving Greece out of the Eurozone.

The Obama administration is hoping that European leaders at the summit can announce the outline of a response to the debt and banking² crisis. They also hope the plan will include less austerity and more efforts to encourage growth and stabilize³ Europe’s financial system.

“And part of that is taking clear action as soon as possible to inject capital into weak banks," the president said. "Just as important, leaders can lay out a framework and a vision for a stronger Eurozone, including deeper collaboration⁴ on budgets and banking policy.”

Beyond Europe 

Analyst⁵ Stewart Patrick says a Eurozone collapse⁶ could have effects far beyond Europe.

“There is also a fear that this will help drag down the global economy at a time when some of the major emerging markets, including China but also India, are beginning to falter⁷ a little bit in being engines of economic growth,” he said.

Europe is America’s largest trading partner, and failure to put its economy back on track would likely cause trouble for the U.S. economy, which could doom⁸ Obama's re-election bid.

US-Russia

While in Los Cabos, the president will have a closely-watched meeting with Russian President Vladimir Putin.

They may discuss Russian opposition⁹ to sanctions against Iran and Syria, and Moscow’s suspicion of U.S. plans for a missile defense¹⁰ system in Europe.

But author David Satter, a senior fellow at the Hudson Institute, does not expect progress.

“Those objectives are very unlikely to be achieved at this summit, because the Russian side has no interest in reaching agreements on these issues,” Satter said.

But a majority of the G20 leaders do have an interest in resolving the world's economic problems. They hope to start by convincing the Europeans to resolve their problems first. 

1 scrap   

n.碎片；废料；v.废弃，报废

参考例句：

• A man comes round regularly collecting scrap.有个男人定时来收废品。
• Sell that car for scrap.把那辆汽车当残品卖了吧。

2 banking   

n.银行业，银行学，金融业

参考例句：

• John is launching his son on a career in banking.约翰打算让儿子在银行界谋一个新职位。
• He possesses an extensive knowledge of banking.他具有广博的银行业务知识。

3 stabilize   

vt.（使）稳定，使稳固，使稳定平衡；vi.稳定

参考例句：

• They are eager to stabilize currencies.他们急于稳定货币。
• His blood pressure tended to stabilize.他的血压趋向稳定。

4 collaboration   

n.合作，协作；勾结

参考例句：

• The two companies are working in close collaboration each other.这两家公司密切合作。
• He was shot for collaboration with the enemy.他因通敌而被枪毙了。

5 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。

6 collapse   

vi.累倒；昏倒；倒塌；塌陷

参考例句：

• The country's economy is on the verge of collapse.国家的经济已到了崩溃的边缘。
• The engineer made a complete diagnosis of the bridge's collapse.工程师对桥的倒塌做了一次彻底的调查分析。

7 falter   

vi.(嗓音)颤抖，结巴地说；犹豫；蹒跚

参考例句：

• His voice began to falter.他的声音开始发颤。
• As he neared the house his steps faltered.当他走近房子时，脚步迟疑了起来。

8 doom   

n.厄运，劫数；v.注定，命定

参考例句：

• The report on our economic situation is full of doom and gloom.这份关于我们经济状况的报告充满了令人绝望和沮丧的调子。
• The dictator met his doom after ten years of rule.独裁者统治了十年终于完蛋了。

9 opposition   

n.反对，敌对

参考例句：

• The party leader is facing opposition in his own backyard.该党领袖在自己的党內遇到了反对。
• The police tried to break down the prisoner's opposition.警察设法制住了那个囚犯的反抗。

10 defense   

n.防御，保卫；[pl.]防务工事；辩护，答辩

参考例句：

• The accused has the right to defense.被告人有权获得辩护。
• The war has impacted the area with military and defense workers.战争使那个地区挤满了军队和防御工程人员。