Markets have lost faith that the euro zone’s economies, weaker or stronger, will one day converge thanks to the discipline of sharing a single currency, which denies uncompetitive members the quick fix of devaluation.
市场已失去信心,认为欧元区的经济体,无论强弱,终有一天会因共享单一货币的纪律而趋于一致,而这种纪律使得缺乏竞争力的成员国无法通过贬值来迅速解决问题。
It is stuck because the euro zone’s dominant powers, France and Germany, agree on the need for greater harmonisation within the euro zone, but disagree about what to harmonise.
这是因为欧元区的主要强国——法国和德国——虽然都同意需要在欧元区内部实现更大的协调一致,但对应该协调什么存在分歧。
It is stuck because the euro zone’s dominant powers, France and Germany, agree on the need for greater harmonisation within the euro zone, but disagree about what to harmonise.
这是因为欧元区的主要强国——法国和德国——虽然都同意需要在欧元区内部实现更大的协调一致,但对应该协调什么存在分歧。
Germany thinks the euro must be saved by stricter rules on borrowing, spending and competitiveness, backed by quasi-automatic sanctions for governments that do not obey.
德国认为,必须通过更严格的借贷、支出和竞争力规则来拯救欧元,并对不遵守规则的政府实施准自动化的制裁。
some of its member countries plan to abandon euro
其部分成员国计划放弃欧元
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