It's going to be illiquid and insolvent.

它会导致流动性陷阱以及无力偿债。

These gave banks more freedom to use models to value illiquid assets and more flexibility in recognizing losses on long-term assets in their income statement.

这些修改行在用模型评估非流动产方面用有更大的自由，同它们确认收益表中长期产损失更为灵活。

They are, at last, focusing on the right priorities: building a firewall around illiquid but solvent countries like Italy; bolstering Europe's banks; and dealing far more decisively with Greece.

在无金流动并且有偿还能力的国家四周修建一个防火墙，像意大利；鼓励欧洲的行；更加坚决地处理希腊的问题。