If European monetary union has proved more resilient than many thought, it is only because those who doubted it misjudged this political dimension. They underestimated the ties among its members, how much they had collectively invested, and their willingness to come together to solve common problems when it mattered most.
如果欧洲货币联盟比许多人想的更有韧性，其唯一原因是质疑它的人误判了它的政治面。他们低估了欧元区成员国之间的联系、它们集体投资的规模、以及它们联手解决告急的共同问题的意愿。