Nor is it a minor political headache for Merkel to have to face an anti-austerity alliance of Italian Prime Minister Mario Monti and the new French president, François Hollande. Spain’s capacity to withstand an austerity “cure” that only sinks it deeper into recession must also have its limits.
如何面对意大利总理蒙蒂和新当选的法国总统奥朗德组成的反紧缩联盟对默克尔来说同样是个不小的政治难题。西班牙抵制只能让其陷入更深衰退的紧缩“治疗”的能力也必然有个限度。