作者词汇表达丰富多彩,但是要留意单词拼写;使用了部分简单的长难句,可适当增加一些复杂的长句;可适当增加连接词和衔接词的使用。
the key problems drive the Euro confront crisis are severe sovereign or government too much classic debt crisis financial system,the bond markets and vnlnerable banks which a bursting property bubble saw a banking collapse, expecially some countries face mounting debt burdens,mainly private debt.It is fact that the greek state is a relatively weak state that has long suffered from corruption,poor administration,over spending and weak tax collection.Under the control of the inflation effects,some countries face peripheral economy debt.Some essential economic problems such as inter contradictions and economic imbalancesif the imbalances and unsupportable debt levels.In northern Europe, the crisis has been blamed on the fiscal fecklessness of southern European governments.The technocratic ,unaccountable ecb has emerged as a critical part of the crisis repose. Political reasonableness of the current response to the crisis are not suitable Some countries endure its exchange rates remained vulnerable to protectionist pressures for devaluation.It is not adequate that the crude limits placed on debt and deficits of the SGP. The crisis is rooted in a failure of political will: if some governments of southern Europe had pursued different policies, there would have been no crisis.Some countries was to blame the the crisis on the fiscal imprudence of the southern Europeans. The crisis of confidence is also bad effect for the Euro crisis.Some countries sustain yields on sovereign debt rising to unsustainable levels and financial crisis. Facing threatening pressure in the markets for sovereign debt. on the economic policies pursued in southern Europe 2.When different types of political economies were joined in a currency union A single market and common currency would force structural reform from protectionist pressures and lead to institutional convergence in their political economies. The eu going to develop even deeper forms of political and economic integration and the new institutions this implies,or will a structurally-driven disintegrative momentum take hold threating the very foundations and identity of the eurozone. Most of the southern European economies operated this kind of demand-led growth strategy, since the organisation of their political economies made export-led growth infeasible entry into monetary union 加入货币联盟 For example,the northern European political economies entered EMU with institutional frameworks well suited to the export-led growth strategies that offer the best route to economic success in such a union. The southern European economies entered EMU with institutional frameworks badly suited to effective competition within such a union and they lost the capacity to devalue on which many had long depended. Furthermore the ordo-liberal approach dovetails nicely with the institutional structures underpinning export-led growth organisational differences across the European political economies militate against fixed fiscal rules, but Europe still lacks an institutional framework for agreeing and policing more flexible fiscal policies. the EU was institutionally ill-equipped to take the kind of decisive actions that would have reassured the markets and when it became clear how arduous such negotiations were going to be, the capacity the EU to make credible promises declined in many parts of southern Europe,after a earnest acceleration in structural reforms result in a precipitous rise in unemployment and rapid declines in income Thus,agreement to build a short period European Financial Stability Facility (EFSF) to support the markets for European sovereign debt.