Governments are playing double or quits in their game with financial markets. The package they announced last weekend is dramatic. But the question is whether it is more than a temporary solution. The answer is: no. As initially designed, the eurozone has failed. It will succeed only if radically reformed.
在與金融市場(chǎng)的博弈中，歐洲各國(guó)政府正在考慮是將賭注加倍還是放棄。上周末公布的救助方案規(guī)模驚人。但問題在于這套方案是否超越了權(quán)宜之計(jì)。答案是否定的。按照最初的設(shè)計(jì)，歐元區(qū)已經(jīng)失敗。除非進(jìn)行大刀闊斧的改革，否則歐元區(qū)將難以為續(xù)。
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