Will the eurozone survive? The leaders of France and Germany have now raised this question, for the case of Greece. If policymakers had understood two decades ago what they know now, they would never have launched the single currency. Only fear of the consequences of a break up is now keeping it together. The question is whether that will be enough. I suspect the answer is: no.
欧元区是否会继续存在？法国和德国领导人现在因为希腊的缘故提出了这个问题。如果政策制定者们20年前就明白他们今天明白的道理，那么他们根本就不会推出欧元。眼下欧元区之所以还抱成一团，只是因为各方对解体带来的后果感到恐惧。问题是，这一点是否足以维系欧元区的存在。我想答案是否定的。
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