Dashed hopes: the euro zone’s economy - Espresso Economist

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Dashed hopes: the euro zone’s economy

• dashed （表示强调或不耐烦）该死的

1. At the start of the year euro-zone watchers were feeling bullish.

• bullish 对未来有信心的；积极乐观的

2. Growth towards the end of 2017 had been surprisingly punchy; the crisis years were receding nicely.

• punchy 简洁有力的；言简意赅的；简练的
• recede v. 减退；退缩；后退；(价值,品质等)跌落

3. But 2018 has disappointed; the IMF has already nudged down its
   expectations.

• nudge down 下降

4. Industrial-production figures for August, out today, confirm a deceleration over the year.

• deceleration 减速度；减速期；减速率

5. The deceleration is partly because demand for exports has slowed. Even Germany has taken a knock.

• take a knock 遇到麻烦 ， 被监禁

6. So too has the bloc’s second-largest manufacturer, Italy.

• bloc （政治利益一致的）国家集团

7. There, trade is not the only story.

• not the only 不单；不止

8. Investors have been uneasy since its populist coalition entered office in June.

• populist coalition 人民联盟

9. Jitters ramped up this month after it revealed a budget more generous than euro-zone rules allow.

• ramp up 渐变加载

10. Mario Draghi, the head of the European Central Bank, reckons that higher government borrowing costs are already translating into higher lending rates for companies and households.

• borrowing costs 借款成本；借贷成本；贷款费用
• lending rates 借贷利率，贷款利率

11. Even if Italy dodges full-blown crisis, the year will end less cheerily than it started.

• dodge 摆脱，躲避
• full-blown 具所有特征的；成熟的
• crisis 危机；危急关头；危难时刻

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