The universal experience of financial crisis management is that the longer one waits to resolve it, the more expensive the ultimate bill will be. In the eurozone we have reached that moment. Two months ago we used to say the worst things that could happen were that the crisis would extend to Italy and Spain; and the economic recovery would stall.
金融危机管理的普遍经验是，越拖着不去解决危机，最终付出的代价就越大。现在欧元区就到了这样一个时刻。两个月前，我们还曾主张，可能发生的最糟糕的事情是：危机将蔓延至意大利和西班牙，manbetx20客户端下载 复苏将陷于停滞。
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