There is no reason to believe that the current global economic crisis has bottomed out. So, assuming that it intensifies further, Europe will rapidly face a grim alternative: either the richer and more stable economies in the North – first and foremost Europe’s largest economy, Germany – will use their greater financial resources to help the weaker euro-zone economies, or the euro will be endangered, and with it the whole project of European integration.
我们没有理由认为目前的全球经济危机已经走出谷底。因此，假设它进一步恶化，那么欧洲将很快面临严峻选择：要么是较富裕和稳定的经济体-首先是欧洲最大的经济体德国-利用其更丰富的财政资源来帮助较弱的欧元区中的其它经济体;要么是欧元将受到威胁，从而威胁到整个欧洲一体化。