Moreover, the grand bargain between the eurozone core, the ECB, and the periphery – painful austerity and reforms in exchange for large-scale financial support – is now breaking down, as austerity fatigue in the eurozone periphery runs up against bailout fatigue in core countries like Germany and the Netherlands.
此外，欧元区核心国、欧洲央行和外围国之间的扯皮——用痛苦的紧缩和改革交换大规模金融支持——正在走向失败，欧元区外围国的紧缩疲劳正和德国和荷兰等核心国的援助疲劳针锋相对。