In the euro area rising energy prices contributed to high inflation.

在欧元区，不断上涨的能源价格导致了高通胀。

GDP revisions in the euro area are four times bigger than normal.

欧元区的GDP修正值是正常水平的四倍。

The euro area is set for its deepest downturn and its sternest economic test yet.

欧元区将面临有史以来最严重的经济衰退和最严峻的经济考验。

The euro area's GDP grew by just 0.1% in the third quarter, year on year.

欧元区第三季度国内生产总值（GDP）同比仅增长0.1%。

In March these explained about half of the euro area's annual inflation rate.

3月份，这些因素占据了欧元区年通胀率上涨的一半成因。

The bank's negative interest rates and bond-buying were reviled in the euro area's northern countries.

该银行的负利率和债券购买计划遭到了欧元区北部国家的痛骂。

In September the euro area's inflation rate rose to 3.4%, the highest level in 13 years.

9月份，欧元区的通货膨胀率上升至3.4%，达到13年来的最高水平。

Back then the euro area avoided collapse largely thanks to action by the European Central Bank (ECB).

当时，多亏欧洲中央银行(ECB)的行动，欧元区才得以避免崩溃。

In Britain and the euro area consumer prices rose by 7% and 7.5%, respectively, in the year to March.

截至今年3月，英国和欧元区的消费者价格分别上涨了7%和7.5%。

In how much danger does it put the euro area's economy?

这会给欧元区经济带来多大的危险呢？

Inflation in the euro area is expected to have risen to 8.6% in June.

欧元区6月通胀率预计已经升至8.6%。

To understand the scale of the problem, look first at the importance of small businesses in the euro area.

为了理解这项问题的规模，要先看一下欧元区小型企业的重要性。

In the euro area, headline annual inflation jumped to 3.4% in September, thanks to a 17.4% leap in energy costs.

在欧元区，由于能源成本激增17.4%，9月份年度通胀率跃升至3.4%。

If there is one part of the world that could still bring about another global meltdown, it is the euro area.

如果说这个世界上仍有一个地方，仍然能够引爆另一场国际灾难，那么这个地方，就是欧元区。

Big Mac prices have risen by 14% over the past two years in the euro area and by 15% in Britain.

过去的两年，欧元区和英国的巨无霸价格分别上涨了14%和15%。

And that was, stayed stable at 5 per cent in the euro area in November.

也就是说，欧元区 11 月的增长率稳定在 5%。

Even if the euro area is spared a recession, then, the energy shock will be a drag on growth.

即使欧元区免于经济衰退，能源冲击也会拖累经济增长。

In 2024, the GDP is expected to grow by 1.6 percent in the EU and by 1.5 percent in the euro area.

预期欧盟国内生产总值 2024 年将增长 1.6%，欧元区增长 1.5%。

" The main effect really comes from the slowdown in emerging market economies, but we are also revising down the euro area forecast."

“这主要归因于新兴市场经济体增长的放缓，但我们也下调了对欧元区的预测。”

A calculation for the euro area published in a recent paper by Goldman Sachs, a bank, also suggests a relatively even match-up.

高盛银行最近发表的一篇论文对欧元区进行了计算，也表明企业和劳动者差不多旗鼓相当。