Several commentators have recently pointed to the challenging economic position of some eurozone countries as a factor that should – or will – influence the European Central Bank’s monetary policy decisions in the near future, irrespective of the risks to price stability in the eurozone as a whole. I strongly dispute this view, for two reasons. The ECB’s monetary policy will always take a eurozone perspective. This perspective must not only fit all; it also benefits all.
有幾位評論員最近指出，如果不考慮歐元區整體價格穩定的風險，某些歐元區成員國嚴峻的經濟狀況，應該（或將會）成爲影響歐洲央行(ECB)近期貨幣政策決定的一個因素。我強烈質疑這種觀點，原因有兩點。歐洲央行制定貨幣政策時，總會從整個歐元區的角度出發。這種角度肯定不僅適用於所有歐元區國家，而且還會讓所有成員國受益。
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