It is difficult to roll over new debt, given the credit crunch.

由于信贷紧缩，重新取得新的借债也变得很难。

youdao

Both have emerged from the first year of the credit crunch with smaller losses on toxic assets than might have been expected, given their involvement in markets that have felled others.

与同处市场的其他垮掉银行相比，其在信贷危机的头一年的不良资产上损失比预期的要少。

youdao

The state had to step in during the credit crunch, given the scale of the banking crisis, but this expansion of its scope should be temporary.

国家必须在信用紧缩期间介入进来，目前银行危机的规模逐渐扩大，但是其规模应该是暂时性的。

youdao

But given that the credit crunch started to bite last July, one would have expected a few more calamities to emerge by now.

ECONOMIST: Despite mixed results, hedge funds earn a little respect

The answer seems to be that the interests of exporters are paramount, given the desperate scramble for growth that has followed the credit crunch and the global recession.

ECONOMIST: Buttonwood: Race to the bottom | The

The credit crunch has given them the opportunity.

ECONOMIST: The Iceland saga is a harbinger of crises to come