But it is not a smooth road, because it threatens resistance by the capital-exporting countries’ taxpayers and trade unions against the outflow of capital. In Germany, in particular, enormous resistance will build up if the country – via the introduction of Eurobonds – is driven back into the crisis that it underwent as a result of the interest-rate convergence that followed the introduction of the euro.
但这条路不会平坦，因为存在资本出口国纳税人和反对资本外流的贸易联盟的阻力。特别是在德国，如果国家（因欧元债券的引入）被迫回到因引入欧元后出现的利率趋同而导致危机的前车之鉴上，德国国内将出现巨大的抵制力量。