The key to ending the European crisis is a stimulus plan that addresses deficiencies on both the supply and demand sides. That is why Germany’s refusal to help find a way to finance the proposed European investment agenda – which, for a limited time, would fund productive private investment – is a mistake.
而结束欧洲危机的关键就是要实施一个同时应对供应端和需求端缺口的刺激计划。这也是为何德国拒绝为欧洲投资计划（这将在有限的时间内为有益的私人投资提供资金）融资的做法是错误的。