Dictionary
TRANSLATION
Spanish
dejando
English
leaving
EXAMPLES
Como ocurrió con su predecesor, el Programa para los Mercados de Valores, el programa de TMD es legal y democráticamente cuestionable: viola el espíritu, aunque no la letra, de la cláusula del tratado de la Unión Europea referida al no rescate; su promesa de tratamiento equitativo a los acreedores privados no tiene precedentes; e involucra transferencias fiscales encubiertas, dejando al BCE fuertemente expuesto a violentas reacciones políticas, como la reacción visceral de la prensa alemana hacia el anuncio de Mario Draghi, presidente del BCE.
As with its predecessor, the Securities Markets Program, the OMT program is legally and democratically questionable: it violates the spirit, but not the letter, of the European Union treaty’s no-bailout clause; its promise of equal treatment with private creditors still has no precedent; and it involves back-door fiscal transfers, leaving the ECB heavily exposed to political backlash – witness the visceral reaction of the German press to ECB President Mario Draghi’s announcement.
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