随着繁荣变为萧条，由此产生的损失已快要超过了西班牙整个国家的能力，这一问题变成了欧洲问题，因为事关欧元存亡。
As the boom turned to bust, the losses threatened to overwhelm the capacity of the Spanish state, and the problem became European, because it threatened the very survival of the euro.