Given The Credit Crunch

It is difficult to roll over new debt, given the credit crunch.

由于信贷紧缩，重新取得新的借债也变得很难。

Both have emerged from the first year of the credit crunch with smaller losses on toxic assets than might have been expected, given their involvement in markets that have felled others.

与同处市场的其他垮掉银行相比，其在信贷危机的头一年的不良资产上损失比预期的要少。

The state had to step in during the credit crunch, given the scale of the banking crisis, but this expansion of its scope should be temporary.

国家必须在信用紧缩期间介入进来，目前银行危机的规模逐渐扩大，但是其规模应该是暂时性的。