The stability and growth pact was designed to limit budget deficits, but nobody believed its sanctions would be enforced.
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但是只有银行的资产层次低得具有危险性或者支出威胁到其稳定时,奖金才会限制到收入的一定百分比。
But bonuses will be limited to a particular percentage of revenues only if the bank's capital levels are dangerous low or the payouts threatens its soundness.
The stability and growth pact, the scheme that was meant to limit euro-area countries' budget deficits to 3% of GDP and public debt to 60% of GDP, has clearly failed.