In Ireland and Spain, private bondholders, not Irish and Spanish taxpayers, should have taken the hit from bank failures. In Greece, there should have been faster and larger debt write-downs.
在爱尔兰和西班牙，在银行倒闭中受损失的应该是私人债券持有人，而不是爱尔兰和西班牙纳税人。在希腊，应该有更迅速、规模更大的债务减记。