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1. Will the European Union make it?
词汇
the European Union 欧洲联盟（ abbr. EU ）
make it 渡过难关；获得成功
2. The question would have sounded strange not long ago.
词汇
sound [saʊnd] v. 听起来；（使）发声
strange [streɪndʒ] a. 奇怪的；陌生的
3. Now even the project’s greatest cheerleaders talk of a continent facing a“Bermuda triangle”of debt, population decline and lower growth.
词汇
project [ˑprɒdʒekt] n. 项目；课题；计划
cheerleader [ˑtʃɪəliːdə(r)] n. 支持者；拉拉队队员
talk of 谈论；议论
continent [ˑkɒntɪnənt] n. 洲，大陆
face [feɪs] v. 面临；面对；面向
triangle [ˑtraɪæŋɡl] n. 三角形；三角关系
Bermuda Triangle 百慕大三角
debt [det] n. 债务；负债情况
population [ˌpɒpjuˑleɪʃ(ə)n] n. 人口，人口数量；族群
decline [dɪˑklaɪn] n. 下降；衰退
low [ləʊ] a. 低的；矮的；低于一般标准的
growth [ɡrəʊθ] n. 经济增长；生长；发展
4. As well as those chronic problems, the EU faces an acute crisis in its economic core, the 16 countries that use the single currency.
词汇
as well (as sb./sth.) 除……之外；也；还
chronic [ˑkrɒnɪk] a. 长期的；难以根除的
acute [əˑkjuːt] a. 十分严重的； 急性的；敏锐的
crisis [ˑkraɪsɪs] n. 危机；危急关头 （复数形式为： crises ）
economic [ˌiːkəˑnɒmɪk] a. 经济的；有利可图的
core [kɔː(r)] n. 核心；中心部分
use [juːz] v. 使用；利用；消耗
single [ˑsɪŋɡl] a. 单一的；单身的；单人的
currency [ˑkʌrənsi] n. 货币；流行
5. Markets have lost faith that the euro zone’s economies, weaker or stronger, will one day converge thanks to the discipline of sharing a single currency, which denies uncompetitive members the quick fix of devaluation.
词汇
faith [feɪθ] n. 信任；诚意
euro [ˑjʊərəʊ] n. 欧元
zone [zəʊn] n. 地区；区域
economy [ɪˑkɒnəmi] n. 经济体制；经济；节约
weak [wiːk] a. 微弱的；虚弱的；不牢固的
strong [strɒŋ] a. 有实力的；强壮的；坚固的
converge [kənˑvɜːdʒ] v. 趋同；汇集；相交
thanks to 由于；因为
discipline [ˑdɪsəplɪn] n. 行为准则；科目；纪律
share [ʃeə(r)] v. 合用；共同拥有；分享
deny [dɪˑnaɪ] v. 否认；拒绝给予
uncompetitive [ˌʌnkəmˑpetətɪv] a. 无竞争力的；竞争力弱的
member [ˑmembə(r)] n. 成员；会员
quick fix 权宜之计
devaluation [ˌdiːˌvæljuˑeɪʃn] n. 货币贬值
6. Yet the debate about how to save Europe’s single currency from disintegration is stuck.
词汇
debate [dɪˑbeɪt] n. 讨论，辩论
save [seɪv] v. 挽救；保留；节省
single [ˑsɪŋɡl] a. 单一的；单身的；单人的
currency [ˑkʌrənsi] n. 货币；流行
disintegration [dɪsˌɪntɪˑɡreɪʃ(ə)n] n. 分裂，解体；崩溃
stuck [stʌk] a. 难以继续的；卡住的
7. It is stuck because the euro zone’s dominant powers, France and Germany, agree on the need for greater harmonization within the euro zone, but disagree about what to harmonize.
词汇
the euro zone 欧元区
dominant [ˑdɒmɪnənt] a. 占支配地位的，占优势的
power [ˑpaʊə(r)] n. 强国；权力；力量
agree on sth. 就某事达成一致意见
harmonization [ˌhɑːmənaɪˑzeɪʃ(ə)n] n. 和谐；协调
disagree about sth. 对……意见不一
harmonize [ˑhɑːmənaɪz] v. 使和谐统一，使协调一致
8. Germany thinks the euro must be saved by stricter rules on borrowing, spending and competitiveness, backed by quasi-automatic sanctions for governments that do not obey.
词汇
strict [strɪkt] a. 严格的；严厉的；严谨的
rule [ruːl] n. 规则；规章；统治
borrowing [ˑbɒrəʊɪŋ] n. 借款，借贷；借用
spending [ˑspendɪŋ] n. 开支，花销
competitiveness [kəmˑpetətɪvnəs] n. 竞争力
back [bæk] v. 帮助，支持；倒退
quasi-automatic [ˌkweɪzaɪ ˌɔːtəˑmætɪk] a. 准自动的
sanction [ˑsæŋkʃn] n. 制裁；处罚；许可
government [ˑɡʌvənmənt] n. 政府；政体；管理
obey [əˑbeɪ] v. 遵守；服从；遵循
9. These might include threats to freeze EU funds for poorer regions and EU mega-projects, and even the suspension of a country’s voting rights in EU ministerial councils.
词汇
include [ɪnˑkluːd] v. 包含；把……列为一部分
threat [θret] n. 威胁；凶兆
freeze [friːz] v. 冻结；结冰
fund [fʌnd] n. 资金；基金
region [ˑriːdʒən] n. 地区；行政区
mega-project [ˌmeɡəˑprɒdʒekt] n. 大型项目
suspension [səˑspenʃ(ə)n] n. 暂停；停职
voting right 投票权
ministerial [ˌmɪnɪˑstɪəriəl] a. 部长的，大臣的；牧师的
council [ˑkaʊns(ə)l] n. 委员会，理事会；地方议会
10. It insists that economic co-ordination should involve all 27 members of the EU club, among whom there is a small majority for free-market liberalism and economic rigour; in the inner core alone, Germany fears, a small majority favour French interference.
词汇
insist [ɪnˑsɪst] v. 坚持说；坚持
co-ordination [kəJˌɔ:dɪˑneɪʃn] n. 协作；协调
involve [ɪnˑvɒlv] v. 包含；（使）参加；牵涉
member [ˑmembə(r)] n. 成员；会员
a small majority 微弱多数
free-market [ˌfriː ˑmɑːkɪt] n. 自由市场
liberalism [ˑlɪbərəlɪzəm] n. 自由主义
economic [ˌiːkəˑnɒmɪk] a. 经济的；有利可图的
rigour [ˑrɪɡə(r)] n. 严格；严谨；艰苦
inner [ˑɪnə(r)] a. 内部的；内心的
core [kɔː(r)] n. 核心；中心部分
alone [əˑləʊn] ad. 仅仅，单；独自
fear [fɪə(r)] v. 担心；害怕
favour [ˑfeɪvə(r)] v. 支持；偏袒；有助于
interference [ˌɪntəˑfɪərəns] n. 干涉；干扰
11. A“southern”camp headed by France wants something different:“European economic government”within an inner core of euro-zone members.
词汇
southern [ˑsʌðən] a. 南方的；向南的
camp [kæmp] n. 阵营；营地
head [hed] v. 领导；加标题；朝……行进
12. Translated, that means politicians intervening in monetary policy and a system of redistribution from richer to poorer members, via cheaper borrowing for governments through common Eurobonds or complete fiscal transfers.
词汇
translate [trænzˑleɪt] v. 理解；翻译；使转变
mean [miːn] v. 意味着；打算；意思是
politician [ˌpɒləˑtɪʃ(ə)n] n. 政治家；政客
intervene [ˌɪntəˑviːn] v. 干涉；插话；阻挠
monetary [ˑmʌnɪtri] a. 金钱的；货币的
policy [ˑpɒləsi] n. 政策；原则；保险单
system [ˑsɪstəm] n. 制度；体系；系统
redistribution [ˌriːdɪstrɪˑbjuːʃn] n. 重新分配
via [ˑvaɪə] prep. 通过；经过
cheap [tʃiːp] a. 便宜的；小气的
common [ˑkɒmən] a. 共同的；普遍的；普通的
Eurobond [ˑjʊərəʊbɒnd] n. 欧洲债券
complete [kəmˑpliːt] a. 完全的，彻底的；完整的
fiscal [ˑfɪskl] a. 财政的；财政年度的；金融的
transfer [trænsˑfɜː(r)] n. 转移；调动；转让
13. Finally, figures close to the French government have murmured, euro-zone members should agree to some fiscal and social harmonization: e.g., curbing competition in corporate-tax rates or labour costs.
词汇
figure [ˑfɪɡə(r)] n. 人物；数字；身材；图
close to 和……关系密切；接近……
murmur [ˑmɜːmə(r)] v. 私下抱怨；低语
agree to sth. 同意某事
social [ˑsəʊʃl] a. 社会的；社交的；群居的
harmonization [ˌhɑːmənaɪˑzeɪʃ(ə)n] n. 和谐；协调
curb [kɜːb] v. 控制，抑制
competition [ˌkɒmpəˑtɪʃ(ə)n] n. 竞争；比赛；竞争者
corporate-tax [ˑkɔːpərət tæks] n. 企业税
rate [reɪt] n. 比率；速度；价格
labour cost 劳动力成本
14. It is too soon to write off the EU.
词汇
write off 认定……失败；注销
15. It remains the world’s largest trading block.
词汇
remain [rɪˑmeɪn] v. 仍然是；剩余；逗留
trading block 贸易区
16. At its best, the European project is remarkably liberal: built around a single market of 27 rich and poor countries, its internal borders are far more open to goods, capital and labour than any comparable trading area.
词汇
at one’s best 处于最佳状态；处于全盛时期
remarkably [rɪˑmɑːkəbli] ad. 非常地；显著地
liberal [ˑlɪbərəl] a. 自由的；慷慨的；人文（教育）的
build [bɪld] v. 创建；建造（过去式 / 过去分词： built ）
single [ˑsɪŋɡl] a. 单一的；单身的；单人的
internal [ɪnˑtɜːn(ə)l] a. 内部的；国内的；内在的
border [ˑbɔːdə(r)] n. 国界；边界
far [fɑː(r)] ad. ……得多；远
open [ˑəʊpən] a. 开放的；开着的
goods [ɡʊdz] n. 商品；私人财产
capital [ˑkæpɪt(ə)l] n. 资金；首都
labour [ˑleɪbə(r)] n. 工人，劳动力；劳动
comparable [ˑkɒmpərəb(ə)l] a. 类似的；可比较的
trading [ˑtreɪdɪŋ] n. 贸易；交易
area [ˑeəriə] n. 地区；领域；面积
17. It is an ambitious attempt to blunt the sharpest edges of globalization, and make capitalism benign.
词汇
ambitious [æmˑbɪʃəs] a. 有野心的；有雄心的
attempt [əˑtempt] v. 尝试；努力
blunt [blʌnt] v. 使变钝；使减弱
sharp [ʃɑːp] a. 锋利的；急剧的；敏锐的
edge [edʒ] n. 利刃；边缘；优势
globalization [ˌɡləʊbəlaɪˑzeɪʃ(ə)n] n. 全球化
capitalism [ˑkæpɪtəlɪzəm] n. 资本主义
benign [bɪˑnaɪn] a. 无害的；慈祥的；环保的