The only way that Europe can escape from this trap is by acting in anticipation of financial markets’ reactions, rather than yielding to their pressure after the fact. This would require intense debate and soul-searching, particularly in Germany, which, as the EU’s largest and best-rated economy, has been thrust into the position of deciding the future of Europe.
欧洲摆脱这一陷阱的唯一道路是引导金融市场的反应，而不是在事后屈服于金融市场压力。这会导致激烈的争论和深思，特别是作为欧盟中规模最大、评级最高的经济体德国，它肩负着决定欧洲未来的重任。