Mario and the ECB helped stabilize the European economy.

马里奥和欧洲央行帮助欧洲稳定了经济。

The ECB has now hiked rates three times since July.

自 7 月以来，欧洲央行已经三次加息。

The ECB is wary of policies that help one economy more than others.

政策对经济体的帮助有偏颇，欧洲央行对于这种情况很谨慎。

The ECB rate has been 0.75%; firms have been paying around 3.5% to borrow.

欧洲央行额利率是0.75%，公司借款要付约3.5%。

The ECB is expected to lift rates at its next meeting on September 8th.

预计欧洲央行将在9月8日的下一次会议上提高利率。

But there is no one European government that issues bonds for the ECB to buy.

但是欧洲政府并没有发行欧洲央行可以购买的这类债券。

The ECB's cuts to three main interest rates it controls take effect on March 16.

欧洲央行下调的三大主要利率将于3月16日正式生效。

Thanks to the ECB, long-term bond yields have fallen back to pre-crisis levels.

多亏欧洲央行，长期债券利率已经跌回危机前的水平。

The European Central Bank, or ECB, cut all three of its main interest rates.

欧洲中央银行（ECB）宣布三大主要利率全线下调。

Do we have a sense of when the ECB is gonna do the same?

我们知道欧洲央行什么时候也会这么做吗？

But the return of inflation to the ECB's 2% target remains some way off.

但要想通胀率重返欧洲央行制定的2%的目标，仍有一段路要走。

The ECB faces an unenviable dilemma.

欧洲央行面临着危险的两难境地。

There are mechanisms for the ECB to try to lower bank-lending rates in the periphery.

ECB中存在相关机制，可以试着降低边缘国家的银行贷款利率。

If it does decide to loosen policy, the ECB will not find it easy to extend quantitative-easing.

如果ECB确要决定放松政策，那么它将发现扩展量化宽松并不容易。

In fact, the ECB and a couple of other European central banks are trying negative interest rates.

实际上，欧洲央行和其他欧洲的中央银行正试图将利率下调至负利率。

The Italian prime minister Mario Monti welcomed the ECB's announcement as an important step forward. Allan Jonstan reports.

意大利总理马里奥·蒙蒂对欧洲央行的宣布表示欢迎，称这是向前进的一大步。Allan Jonstan报道。

The ECB is now expected to raise its main interest rate by more than half a percentage point.

目前预计欧洲央行将把主要利率上调0.5个百分点以上。

The indicators that matter to the European Central Bank (ECB), for example, are those representing half a billion people.

例如，对欧洲中央银行(ECB)来说，那些代表5亿人口的指标才是重要的指标。

In a recent paper the ECB and the European Systemic Risk Board found similar results.

在最近的一份报告中，欧洲央行和欧洲系统风险委员会(European Systemic Risk Board)发现了类似的结果。

That would mean helping some countries more than others, something that makes the ECB uneasy.

如此一来，部分国家得到的帮助会多一些，如果出现这种情况，ECB会十分担忧。