They narrowed the country's current-account deficit by raising interest rates, tightening credit regulations and cutting fuel subsidies, despite the political damage that would ensue.

它们通过提高利率、收紧信贷管制和削减燃料补贴来缩小该国的经常账户赤字，尽管这将带来政治上的损害。

It is too austere, too insistent on fiscal consolidation even in recession, too prone to put the burden of adjustment on deficit countries, too dominated by lawyers, not economists.

它太过于紧缩，甚至在衰退时期仍太过于坚持财政整顿，太过于倾向将调整的重担让赤字国家去承受，太过于听从法律人士而非经济学家。