You have to give it to the European Council. They are pretty good at stitching up impressive looking deals, having lowered expectation to a bare minimum beforehand. But the effectiveness of an agreement should not be gauged by the immediate market reaction, let alone by how the agreement compares with expectations.
我们必须严厉斥责欧洲理事会(EC)。它们非常擅长事先把期望值降到最低限度，然后商定出令人赞叹的协议。但是，判断一项协议是否有效的标准不应是市场的即时反应，更不应该拿协议跟预期进行比较。
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