Instead of a eurozone caged in by Germany’s narrow interests as a creditor, Europe needs a monetary union that works for all of its citizens. Zombie banks should be restructured, excessive debts (both private and public) written down, and increased investment combined with reforms to boost productivity (and thus wages).
欧洲不能受制于作为债权人的德国的狭隘利益，而需要为所有公民服务的货币联盟。僵尸银行应该予以重组，过度的债务（不管是公是私）应该予以减记，并增加投资、实施改革以提高生产率（从而提高工资）。财政紧缩必须取消，过度借贷的政府应该允许违约。最终，由此产生的更公正、更自由、更富裕的欧元区也将符合德国的利益。