我是助理桉树熊，借用楼主的帖子解释下。
早上楼主发帖出现错误，经检查，是欧元符号不能正常显示造成文章发帖中断， 本人会向上级反映的~希望这样修改之后不影响阅读~

好吧 我复制下来 慢慢看

teeter   vi. 1. 蹒跚,摇晃;站不稳;动摇 2. 【美】玩跷跷板 n. 1. 跷跷板

abyss n. 1. 深渊;深坑;

tug    vt. 1. 用力拉(或拖) 2. 用拖船拖(或顶) 3. 用飞机拖(滑翔机) vi. 1. 用力拉(或拖)[(+at)] 2. 竞争 3. 努力做,奋斗 n. 1. 猛拉;强大的拉力 2. 牵引,拖曳 3. 竞争 4. 苦干;辛苦

albeit   conj. 1. 【书】尽管,虽然

bail-out  n. 1. 跳伞 2. 以优先股发给股东作为红利之行为

jitters n. 1. 神经过敏 vt. 1. 神经过敏地说出

summit   n. 1. (山等)尖峰,峰顶[(+of)] 2. 【喻】顶峰,绝顶[the S][(+of)] 3. 最高官阶...a. 1. 最高级的,ZF首脑间

intervene vi. 1. 插进;介入;介于中间[(+between)] 2. 干涉,干预;调停[(in/between)

remit   vt. 1. 宽恕;赦免 2. 豁免(捐税等),免除(处罚) 3. 缓和;减轻,减退;使松懈 4. ...vi. 1. 缓和;减轻 2. 汇款

ratify  vt. 1. (正式)批准;认可

parliament  n. 1. 议会,国会 2. (大写)(英国,加拿大等的)国会 3. 一届议会

boost   n. 1. 一举,一抬;一推 2. 推动;帮助;促进 3. 提高;增加 vt. 1. 举,抬;推 2. 推动;促进;为...作宣传 3. 提高;增加

The summary of this article: the ECB is a reluctant rescuer. Indeed until this month it had not made any bond purchases since March, leaving their total book value around

The ECB is buying bonds to stop the fall in stock

The ECB is buying bonds to stop the fall in stock The rumor spread like wildfire for European exchanges and WIN has given some respite to the benchmarks , reacting upward in response to evidence that the European Central Bank (ECB) is buying peripheral bonds.

This is a desperate attempt to control speculative attacks who are suffering today in Italy, Greece, Portugal and Spain before the auction takes place the following previews.

“There are clear signs in the market that investors are buying a powerful Italian and Greek bonds, I would say also Spanish, and can only be the ECB ,” said a trader Frankufrt to that the entity expects to confirm the operation.

In fact, the risk premium relaxed Spanish mid-session and after a peak of 375 basis points to 11.40 am stood at 343 due to the slight decline in the profitability of Spanish bond to ten years. Specifically, the Spanish debt with a maturity of ten years offers investors a yield of 6.151%.

Trichet interventions had not made like this in the markets during the past week, despite renewed tensions over the spread of the debt crisis in Italy. Specifically, the ECB had not acquired sovereign bond markets since late March , linking fifteen consecutive weeks without buying government debt.

This leaves at 74,000 million euros the amount until the date of purchase of securities program of the institution, established in May 2010 in response to the debt crisis in the euro zone.

Punishment debt in both countries suffered yesterday, however, has forced the ECB curb . The sell-off led to the returns to levels of another time when the euro was not even born.

the Spanish case, the performance of 10-year bonds jumped from 5.67% to 6.03%, where analysts say the country will undergo in touch 7% . The Italian debt were not much better things and financing rose from 5.27 to 5.68%, its highest level since 2000. In the last six days, the increase is 82 basis points.

The ECB, however, not have the support of the Eurogroup in this simple maintenance , who disapproves especially Germany. The eurozone countries will no longer exclude a partial debt default in Greece as part of the second rescue plan ready for Athens, as has been said this morning the Dutch Finance Minister Jan Kees de Jager, so the trend markets is to get rid of the bonds as soon as peripherals, which will eventually weigh on accounts of the ECB and private investors .

All indications are that the agony will be long, since the German finance minister, Wolfgang Schäuble, said this morning in a radio interview that “agreement to the following rescue of Greece may be postponed until September,” .

http://economicsnewspaper.com/policy/spain/the-ecb-is-buying-bonds-to-stop-the-fall-in-stock-44146.html

rescue needs more confidence and credit

In fact, the ECB was dragooned into buying bonds. Just as mentioned above, this decision was "reactive rahter than pre-emptive". The key point lies in that more effecitve and stronger measures should be taken to deal with current straits.