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)爲歐洲央行(ECB)干預歐元區債券市場提出了一種仔細斟酌過的方案，本質上是把歐洲央行設想爲臨時的流動性的最後提供者。然而，歐洲央行在很大程度上已經在扮演這一角色。它與歐元區紓困計劃一起，已經爲歐洲政客們爭取了18個月的時間，供他們制定索羅斯和博芬格所呼籲的財政規則和成長戰略。不幸的是，在對危機的持久解決方案達成像樣的一致意見上，歐洲領導人一再失敗。