It is true that Greece has had to undergo painful adjustments to address its deep structural weaknesses, unsustainable public finances, and lack of price competitiveness – adjustments that led to a drop in Greek output. But high unemployment and a lack of investment cannot be blamed on the medicine prescribed; they are symptoms of the country’s failure to reform its public administration and to enhance the flexibility of its economy.
诚然，希腊不得不进行痛苦的调整以解决深层次结构弱点、不可持续的公共财政以及缺少价格竞争力的问题——这些调整措施导致希腊产出下降。但高失业和投资不足绝非为因为这一药方而带来；它们是希腊无法改革其公共管理、增强其经济灵活性的结果。