If none of those three options is feasible, the only path left is to leave the eurozone. A return to a national currency and a sharp depreciation would quickly restore competitiveness and growth.
如果这三种选择都不可能实现，那么唯一剩下的办法便是离开欧元区。回归本国货币并大幅贬值能够迅速重塑竞争力和增长。