首先，欧元区危机正在恶化，由于欧元维持强势，前瞻性财政紧缩将会深化多个成员国的衰退，而外围国信贷动荡和高油价又阻挠了复苏前景。
For starters, the eurozone crisis is worsening, as the euro remains too strong, front-loaded fiscal austerity deepens recession in many member countries, and a credit crunch in the periphery and high oil prices undermine prospects of recovery.