George Soros and Peter Bofinger present a measured approach for the intervention of the European Central Bank in eurozone bond markets, essentially envisioning it as a temporary liquidity provider of last resort. However, the ECB is already playing this role to a large extent. It has along with the eurozone bail-outs bought European politicians 18 months in which to devise the fiscal rules and growth strategy the authors call for. Unfortunately, leaders have repeatedly failed to reach any semblance of consensus on a lasting solution to the crisis.
喬治?索羅斯(George Soros)和彼得?博芬格(Peter Bofinger)為歐洲央行(ECB)干預(yù)歐元區(qū)債券市場提出了一種仔細(xì)斟酌過的方案，本質(zhì)上是把歐洲央行設(shè)想為臨時的流動性的最后提供者。然而，歐洲央行在很大程度上已經(jīng)在扮演這一角色。它與歐元區(qū)紓困計(jì)劃一起，已經(jīng)為歐洲政客們爭取了18個月的時間，供他們制定索羅斯和博芬格所呼吁的財(cái)政規(guī)則和增長戰(zhàn)略。不幸的是，在對危機(jī)的持久解決方案達(dá)成像樣的一致意見上，歐洲領(lǐng)導(dǎo)人一再失敗。