Once more unto the breach, dear Greeks. Athens has agreed another package of last-minute measures to secure a further €8bn of emergency funding. Once again it has been forced to implement a policy that is not working – ever more severe rounds of austerity – to secure a dubious reward: enough cash to keep the country ticking over until next time. Even with the swingeing new measures, the government will miss its targets for deficit reduction. The case for allowing Greece to default has never been stronger.
再沖一次,親愛的希臘人!為了獲得80億歐元新緊急貸款,雅典已同意實施包含多項在最后時刻敲定的措施的新一攬子計劃。它再次被迫實施一項根本不見效的政策,即出臺一輪比一輪嚴厲的緊縮措施,目的是獲得一種靠不住的獎賞:只夠國家運轉一段時間的資金。但即使實施了這些嚴厲的新措施,希臘政府也無法完成其赤字削減目標。允許希臘違約的理由從未像現在這樣充分。