In the event of sovereign defaults, moreover, the cost of bailing out the banks may far exceed the cost of issuing Eurobonds or instituting a reasonable transfer regime. Investors need to be reassured that debt-service costs are under control, and that debt volumes and deficit limits are firmly monitored in order to minimize default risks and strengthen banks’ ability to lay the groundwork for sustainable growth.
事实上，银行情况恶化正在成为欧元区复苏和稳定的主要威胁。此外，如果发生了主权违约，援助银行的成本可能会远高于发行欧元债券或建立合理的转移支付机制。投资者需要获得保证，债务付息成本处于可控状态、债务规模和赤字上限被严密监控以使违约风险最小化并使银行能够成为可持续增长的扎实根基。