Both by chance and design, the emergency policy erected by the European Central Bank to tackle the financial crisis has, so far, played out quite beautifully. By introducing a limited package of measures aimed at flooding the banking system with easily accessible and cheap liquidity, the ECB last year restored some sense of normality to the eurozone's financial markets.
欧洲央行(ECB)为应对金融危机出台的应急政策,迄今收效良好,这既有偶然因素,也是刻意安排的结果。欧洲央行推出的政策数量有限,旨在为银行体系注入大量可轻松获得、且价格低廉的流动性。去年,欧洲央行通过这些政策,令欧元区金融市场在某种意义上恢复了常态。
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