The turmoil produced by the Italian elections has directed attention back to where it should have been all along – to the politics of the eurozone crisis. We have had six months of complacency, rising stock markets and wishful thinking. The conventional wisdom was that the crisis had been contained, with Ireland recovering and the risk of a Greek exit from the eurozone reduced. But this view always ignored the politics.
意大利选举引发的乱象使人们把注意力放回本应始终关注的地方——欧元区危机的政治层面。在过去六个月内,我们沾沾自喜,一厢情愿,而股市也在上涨。普遍的看法是,随着爱尔兰逐渐复苏和希腊退出欧元区风险降低,危机已得到遏制。但这一观点往往忽视了政治。
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