But that would only further weaken the banks’ credit portfolios at a time when European regulators are desperate to strengthen them. The ECB’s decision to provide the banks with unlimited liquidity does not solve governments’ debt problems, nor is that its intent.
怀疑派观察者指出，欧洲央行的真实意图是鼓励银行购买危机国债券。但这只能进一步恶化银行的信用组合，而与此同时，监管者正在现金办法改善它们。欧洲央行向银行提供不限量流动性的决定并不能解决政府债务问题，这也不是它的目的。但这至少能够防止债务问题造成银行问题，再进一步恶化债务问题，如此没完没了地循环下去。