Such fiscal adjustment may be necessary to ensure medium-term debt sustainability, but its immediate effect would lead to a reduction in private and public aggregate demand.

为了保持债务的中期可持续性，这些财政调节措施或许是必要的，但其短期效应将导致私人和公共部门总体需求的减少。

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"But we also have to recognize that if markets are skittish and don't have confidence that we can tackle the tough problems of our medium- and long-term debt and deficits,then that also is going to undermine our recovery."

VOA: standard.2010.06.27

The Goldilocks policy, as the IMF calls it, urges countries to embark on a gradual fiscal adjustment in the short term, if the markets allow it, coupled with a credible medium-term debt-reduction plan.

ECONOMIST: Charlemagne

The Spanish government was able to find buyers for its medium-term debt this morning, at a not-too-exorbitant rate of interest of about 5%.

BBC: Central banks and the 'spirit of 2008'

Finally, while advanced economies had agreed to promote sustainable fiscal finances over the medium term, debt levels are expected to remain high in many countries in 2016.

WHITEHOUSE: The Los Cabos Growth and Jobs Action Plan