The first bars the ECB from creating money to finance deficits. The second forbids countries from assuming the debts of others (the “no bail-out” clause).
第一条禁止欧洲央行创造货币填补赤字,第二条禁止各国接管别国债务(即“不予救助”条款)。
2
He found himself about to lose the family home and, after a specific clause expired in his insurance policy, he took his own life so his family would inherit a great deal of money.
It dumped $4.4 billion into Merrill last December at $48 per share, but a downside protection clause meant the firm would make money even if the stock plunged to $24.