One obvious objection to this strategy is that it would reduce the average maturity of Italian and Spanish debt. I believe that, on the contrary, this would be an advantage in the current exceptional circumstances, because it would keep the Italian and Spanish governments on a short leash; no country concerned could afford to lose the ECB facility.
这项战略的一个明显目标是，将缩短意大利和西班牙债务到期的平均时间。相反，我认为，在当前的特殊时期，这是一种优势，因为这将使意大利和西班牙政府暂时受到约束；没有一个相关国家能够脱离欧洲央行。