Finally, both the EFSF and the ECB ultimately rely on the same eurozone resources for their financial strength. If markets start panicking about large eurozone defaults, they could question whether even a willing Germany has the necessary capacity to support the EFSF-ECB combine.
最后，说到底，EFSF和欧洲央行都得依赖相同的欧元区资源来保证财政实力。如果市场产生了大规模欧元区违约恐慌，就可能怀疑德国即使愿意，也没有必要的能力支持EFSF-欧洲央行合体。换句话说，这些机构并不能提供可信的、不会引起通胀的外部实力来源。