Global financial markets prepared for the euro's endgame after the sovereign debt crisis spread to Germany, the "stability anchor" of the single currency, and investors shunned its government bonds.
A professionally managed sovereign-wealth fund will replace the current slush-fund that was used by the government to give away more than $10 billion in the run-up to the election.
专业的有管理的主权财富基金将代替行贿基金,向选举提供100亿美元的资金支持。
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The plunge of weaker-country government bond prices raises new fears about the health of European Banks, which are big holders of sovereign debt.