Five years on, the eurozone still lacks a proper banking union, or even, as Greece demonstrated, a proper lender of last resort. Moreover, a higher inflation target remains unthinkable, and the German government argues that defaults on sovereign debt are illegal within the eurozone.
五年过去了，欧元区仍然没有合理的银行联盟，甚至如希腊所标明的，连合理的最后贷款人都没有。此外，提高通胀目标仍然无法想象，而德国政府指出，主权债务违约在欧元区是不合法的。亲周期财政调整至今仍主宰者政策界。