The solutions that Europe’s leaders provide must go beyond Maastricht, but without triggering new institutional debates, which would lead us nowhere. Moreover, new instruments like Eurobonds will have to be made available in order to reduce the affected euro-zone countries’ interest burden, provided that they have taken serious steps – subject to effective control mechanisms – toward credible restructuring.
欧洲各国领导人这次推出的方案，必须超越马斯特里赫特的水平，但同时不能引发新一轮制度上的辩论，否则我们将一事无成。此外必须扩大欧元债券等新工具的使用面，以减轻欧元区国家的利息负担。当然前提是它们自己也迈出实质性步伐，接受有效的监督，实施具有公信力的经济重组方案。