Only a price reduction would create current-account surpluses and enable the crisis countries to pay off their foreign debts. It is time for Europe to come to terms with this remorseless truth.
如果出现这个情况的话，欧元将最终走向崩溃。只有降低价格才能创造经常账户盈余并令这些受灾国家得以偿还自身外债。而欧洲如今也是时候面对这个残酷的现实了。