观点欧元区

The worst of the euro crisis is yet to come
欧元危机还会更糟


FT专栏作家明肖:欧元区各国政府仍未认识到,manbetx20客户端下载 低迷带来了生死存亡的威胁。如果欧洲央行不扭转manbetx20客户端下载 颓势,欧元区危机将变得更加严重。

The most disturbing aspect of the eurozone right now is that every crisis resolution strategy depends on a moderately strong economic recovery. The Greek programme was in trouble when it was agreed six weeks ago. All the official forecasts were wrong. The country is in depression, and its debt dynamic is “out of control”, says its new fiscal council. In Italy, the central bank is concerned that the country’s austerity programme was having recessionary effects.

眼下欧元区最令人不安的一个问题是,每一项危机解决战略都有赖于适度强劲的manbetx20客户端下载 复苏。希腊纾困方案在六周前达成一致之际就陷入了困境。所有的官方预测都是错误的。希腊新的财政委员会表示,该国正陷入衰退,其债务形势已经“失控”。意大利央行则担心,该国的紧缩计划正导致衰退。

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