Though the German government does not officially support quantitative easing, it should be grateful to the ECB for calming financial markets. Now Germany can take a tough stance on the new Greek government's demands for a large-scale debt write-off and an end to austerity, without fearing the kind of financial-market turbulence that in 2012 left the eurozone with little choice but to bail out Greece.
欧洲央行计划开始购买主权债券，这为外围国提供了新的保障。尽管希腊政府并未官方支持量化宽松，但它应该感谢欧洲央行安抚金融市场。如今，德国可以针对希腊新政府大规模债务减记和结束紧缩的要求采取强硬立场，而不必担心2012年的金融市场动荡——当时，这场动荡让欧元区别无选择，只能援助希腊。