Gradual fiscal consolidation – reducing the projected future size of government spending, and hence future tax rates – will have to be at the center of the effort. This should be combined with the mutualization of some portion of the liabilities of highly indebted countries – defined as a debt-to-GDP ratio above, say, 60% or 70% – and modest write-downs in exchange for long-term zero-coupon bonds.
逐步财政整合——降低未来政府支出规模预期，从而降低税率——必须成为核心措施。除此之外，应该辅之以高负债国家——可定义为债务-GDP之比高于（比如）60%或70%的国家——一定比例负债的共同化和温和减记，替之以长期零息债券。20世纪90年代美国用来帮助解决拉丁美洲解决债务危机的“布雷迪债券”可以作为模板。