Part of the promise of the new push to European integration in the 1980’s was that it would make borrowing easier. In the 1990’s, the main attraction of monetary union for Italian and Spanish politicians was that the new currency would bring down interest rates and make foreign money available for cheap financing of government debt.
欧洲也步其后尘。20世纪80年代兜售欧洲一体化的广告词，有一条就是，一体化以后借债变得更容易。20世纪90年代，统一货币构想对意大利和西班牙政客的主要吸引力就在于，引入新货币既能压低利率，又能打开外国人的钱袋子，使政府可以实现廉价融资。