Never has a straitjacket seemed so
ill-fitting or so insecure. The Euro area’s "stability and growth pact" was
supposed to stop irresponsible member states running excessive budget deficits,
defined as 3% of GDP or more. Chief among the restraints was the threat of large
fines if member governments breached the limit for three years in a row. For
some time now, no one has seriously believed those restraints would hold. In the
early hours of Tuesday November 25th, the Euro’s fiscal straitjacket finally
came apart at the seams. The pact’s fate was sealed over an extended dinner meeting of the Euro area’s 12 finance ministers. They chewed over the sorry fiscal record of the Euro’s two largest members, France and Germany. Both governments ran deficits of more than 3% of GDP last year and will do so again this year. Both expect to breach the limit for the thi A. the enforcement of Eurogroup’s prescriptions. B. the hypocrisy of some Euro’s members on deficit. C. the Euro’s dilemma in solving deficit problems. D. the implementation of Euro’s monetary policies. [单项选择]
Never has a straitjacket seemed so ill-fitting or so insecure. The Euro area’s "stability and growth pact" was supposed to stop irresponsible member states running excessive budget deficits, defined as 3% of GDP or more. Chief among the restraints was the threat of large fines if member governments breached the limit for three years in a row. For some time now, no one has seriously believed those restraints would hold. In the early hours of Tuesday November 25th, the Euro’s fiscal straitjacket finally came apart at the seams. [单项选择]Jack is so() to his appearance that he never has his clothes pressed.
A. adverse B. anonymous C. indifferent D. casual [单项选择]A) Because Henry has no time.
B) Because someone else decorated the house. C) Because there was no instruments in the house. D) Because Henry decorated the house himself. [单项选择]
Passage Five [简答题]Cancer has emerged as a major killer in several newly industrialized countries and is striking more people in areas of developing world where it was hardly known before, the World Health Organization (WHO) said. Although the risk of cancer will stabilize, if not decline, in industrialized countries by 2025, developing countries will suffer increasing rates of the disease, the WHO said in an extensive report on the world’s state of health. Cancer caused 12 percent of the 52 million deaths worldwide in 1997 and was the third leading killer after infectious and parasitic diseases and coronary and heart disease.
[单项选择]
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