ECB sees increased demand for second cheap-cash offering
About 800 European financial institutions turned to the European Central Bank to borrow about €530 billion. The ECB is striving to avert a credit crunch by offering inexpensive three-year loans. In late December, banks borrowed €489 billion.

大概有800家欧洲金融机构向欧洲央行借款大约5300亿。欧洲央行正在努力通过提供廉价的为期三年的贷款，避免信贷紧缩。 去年12月下旬，银行贷款4890亿欧元。

ISDA to determine whether Greece triggered "credit event"
An International Swaps and Derivatives Association determinations committee is scheduled to discuss whether Greece's efforts to restructure debt should be deemed a "credit event," which would trigger credit default swaps on the country's bonds. An ISDA spokesman said the group recognizes that the committee will be under intense scrutiny as it reviews Greece's situation.

国际掉期和衍生工具协会将决定希腊是否引发了信贷事件

Bernanke: U.S. joblessness to remain high unless growth picks up
Unemployment in the U.S. will remain unacceptably high for many years unless economic growth accelerates, Federal Reserve Chairman Ben Bernanke told lawmakers. "The job market is far from normal," he said. "Continued improvement ... is likely to require stronger growth in final demand and production."

伯南克称：除非经济迅速增长，否则美国的失业率将保持高企

China will use cross-border trade to make yuan more international
The People's Bank of China said it will push to make the yuan more international by encouraging its use in cross-border trade and investment. The central bank said it will also reform the exchange-rate mechanism to make the yuan more freely convertible.

中国将使用跨境贸易，使人民币更加国际化