With OMTs, the ECB has converged toward the Fed in its ability to backstop each of its individual parts. Whether that hastens or hinders political progress toward fiscal and banking federalism is the next big question.
有了OMT，欧洲央行在支持各个体部分方面向美联储有所靠拢。而这将加快还是延缓迈向财政和银行联邦的政治进程则是下一个大问题。