At the same time, if Greece does not fully adjust its policies to restore fiscal sustainability and competitiveness, a partial bailout by the EU and the ECB will still be likely in order to avoid the risk of contagion to the rest of the euro zone and the consequent threat to the monetary union’s survival. A default by Greece, after all, could have the same global systemic effects as the collapse of Lehman Brothers did in 2008.
与此同时，如果希腊的政策调整不够充分，不足以恢复可持续的财政收支和出口竞争力，那么欧盟和欧洲央行可能还得提供部分的救助，以避免危机传染到其他欧元区经济体，最终威胁该货币联盟自身的安危。毕竟，如果希腊发生公债违约，其对全球金融体系的破坏力将不亚于 2008 年雷曼兄弟倒闭的影响。