By buying Italian and Spanish debt, the European Central Bank has certainly done the right thing. The rise in Italian yields over the summer was less a play on Italy’s own difficulties – high levels of government debt, a bit too much “bunga bunga” – and more a reflection of existential concerns over the euro’s future.
欧洲央行(ECB)出手买入意大利和西班牙债券,无疑是正确之举。今年夏季期间意大利债券收益率的走高,更大程度上反映了市场对于欧元未来的能否存在下去的担忧,而不是意大利本国的困境(高额政府债务,以及过多的性丑闻)。
您已阅读7%(424字),剩余93%(5766字)包含更多重要信息,订阅以继续探索完整内容,并享受更多专属服务。