Governments are playing double or quits in their game with financial markets. The package they announced last weekend is dramatic. But the question is whether it is more than a temporary solution. The answer is: no. As initially designed, the eurozone has failed. It will succeed only if radically reformed.
在與金融市場的博弈中，歐洲各國政府正在考慮是將賭注加倍還是放棄。上週末公佈的救助方案規模驚人。但問題在於這套方案是否超越了權宜之計。答案是否定的。按照最初的設計，歐元區已經失敗。除非進行大刀闊斧的改革，否則歐元區將難以爲續。
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