The European Central Bank has fired its magic bullet. By promising “unlimited” purchases of sovereign bonds, Mario Draghi, the ECB’s president, may have kept his pledge to do “whatever it takes” to save the euro. But in rescuing the currency, Mr Draghi’s magic bullet has badly wounded something even more important – democracy in Europe.
歐洲央行打出了那顆神奇的子彈。通過承諾將「無限量」購買主權債券,歐洲央行行長馬里奧•德拉吉(Mario Draghi)或許信守了他「不惜一切代價」拯救歐元的諾言。但他的這顆神奇子彈在拯救歐元的同時,也嚴重誤傷了一項更爲重要的東西——歐洲的民主。
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