The ECB’s newfound ability to print money, essentially without limit, to support both banks and governments has reduced Greek contagion to insignificance. That represents a profound change in Europe’s financial environment, which Greek politicians, along with many economic analysts, still fail to understand.
欧洲央行新获得了实质上无穷大的印钞能力，可以以此支持银行和政府，这让希腊违约的传染力大幅下降。这代表着欧洲金融环境的一个深远变化，而希腊政客以及诸多经济分析师都没有意识到这一点。