The endgame for Greece is approaching. Eurozone policymakers appear to accept that the country is insolvent. That comes a bit late, but not too late. The eurozone now faces two formidable tasks: to quarantine Greece, and to fortify the bloc’s core, especially Italy, to reduce the risk of contagion. These require policymakers to be brave enough to make some tough choices.
希腊危机已接近最后摊牌时刻。欧元区政策制定者似乎已接受希腊无力偿债的事实。这个认识来得有点晚，但还不算太迟。欧元区眼下面临着两大艰巨任务，一方面要隔离希腊，另一方面要巩固欧元区的核心国家（尤其是意大利），以降低危机蔓延的风险。要完成这些任务，政策制定者需有足够的勇气，做出一些艰难抉择。
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