Will the eurozone survive in its current form? To address this question, we need to consider three more precise issues. First, how likely is a wave of sovereign defaults? Second, will the eurozone make the changes needed to prevent these? Third, could the eurozone survive them? My answers, in turn, are: quite likely; probably not; and perhaps – but not with certainty.
欧元区能否以当前形态继续存在？要想回答这个问题，我们必须考虑以下三个更确切的问题。首先，爆发主权债务违约潮的可能性有多大？其次，欧元区会做出防止主权违约所需要的改变吗？第三，主权债务违约后，欧元区还能继续存在吗？我的答案分别是：很可能；很可能不会；可能——但不确定。
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