Eurobonds, viable in the longer term, are thus premature, because they imply a relaxation of conditionality, thereby weakening incentives to implement reforms. But if it all works, sharing risk now will not be expensive in the end.
因此，尽管从长期看欧元债券是可行的，但现阶段推出还为时过早，因为这意味着放宽条件，从而削弱改革实施的激励。但如果一切顺利，那么在当下分担风险的最终代价不会很大，甚至还能产生净回报。