And what about the public debt?
公共债务又如何呢？
How much public debt is too much?
多少的公共赤字才算多？
Nor was Italy’s public debt downgraded.
意大利的公债并未降级。
以公共债务为例。
Public debt may be high, but private debt is low.
国家债务虽然居高，但是私人债务却保持低调。
What matters is not public debt alone, but all debt.
问题的关键不仅仅是公共债务，而是所有的债务。
Its gross public debt is forecast to be 85% this year.
公共债务总额预计今年有85%。
Before the bank bust, Ireland had little public debt.
银行破产之前，爱尔兰几乎没有债务。
Its gross public debt now amounts to 200 percent of GDP.
其总债务眼下达到GDP的200%。
That year American public debt was just over two-fifths of GDP.
那一年,美国的公共债务仅仅占到GDP的五分之二.
Even so, public debt is forecast to peak at 150 per cent of GDP.
即便如此，预计公共债务与GDP的比率仍将达到150%的峰值。
Its public debt rose from 19.8% of GDP in 2008 to 26.3% in 2010.
它的公共债务从2008年GDP的19.8%上升到了2010年的26.3%。
There is no good theory on what is the right level of public debt.
就公共债务的比例而言，并没有合适的理论来规定其最佳比例。
ITALY's public debt is the sleeping dog of the euro zone's crisis.
意大利的国债是欧元区危机潜在的麻烦。
Across the developed world, public debt is set on an explosive course.
在发达世界，公债正以爆炸性的速度发行。
Portugal is small, accounting for just 2% of euro-zone output and public debt.
葡萄牙是欧元区很小的一个组成部分，它只占了其产出和国债总量的2%。
Italy's public debt may be high, but it has become more careful about deficits.
意大利的公共债务或许不低，不过在财政赤字方面确实采取了较为谨慎的态度。
In emerging economies public debt of more than 40% of GDP is considered dangerous.
新兴经济体的公共债务GDP占比超过40%就被认为是危险的。
On that basis, it reckoned public debt would peak at 84% of GDP before falling back.
在此基础上，它估计公债最高能达到GDP的84%然后滑落。
Without a faster return to growth, the public debt will quickly become unsustainable.
如果不提高经济增长的速度，公共债务将很快不能维持。
The net cost—and hence the net addition to long-term public debt—will be much smaller.
成本净值——以及因此产生的长期公债净增加值——将少得多。
Opposition members seized on the opportunity to grumble about mounting public debt.
反对派议员抓住这个机会，猛烈抨击不断增长的国家债务。
Belgium, with its big Banks and huge public debt, has benefited from being an insider too.
拥有庞大的银行业和巨额公共债务的比利时同样因其成员国的身份而受益匪浅。
Fifth, the socialization of private losses and debt implies a sharp rise in public debt burdens.
第五，私人部门亏损和债务的社会化意味着公债负担的急剧上升。
Fifth, the socialization of private losses and debt implies a sharp rise in public debt burdens.
第五，私人部门亏损和债务的社会化意味着公债负担的急剧上升。
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