A camel, it is said, is a horse designed by a committee. This is unfair to camels, which are well-adapted to their harsh environment. The same, alas, cannot be said of eurozone rescue programmes. The proposed Cyprus intervention, rejected yesterday by the Nicosia parliament, will not help the eurozone make a smooth exit from its wave of crises. Indeed, the imbroglio should serve as a lesson in how not to deal with financial and sovereign debt problems.
有人说,骆驼是委员会设计出来的马。这话对骆驼不太公平:它们成功地适应了恶劣的生活环境。可惜,世人无法对欧元区纾困计划作出同样的评价。近日遭塞浦路斯议会否决的干预案,将无助于欧元区顺利摆脱一连串的危机。的确,这一纷乱局面成了处理金融和主权债务问题的反面教材。
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