European officials are right to promote structural reforms of EU countries’ labor and product markets. But they should also focus on overhauling and accelerating bankruptcy procedures, so that losses can be recognized more quickly and over-indebted households can start afresh, rather than being shackled for years.
欧洲官员推动欧洲国家实施劳动力和产品市场的结构性改革是正确的。但他们还应该修正并加速破产程序，以使损失能够得到更快的承认，让过度负债的家庭能够重新开始，而不是被债务束缚多年。