欧债危机性质研究:透过救助效果反观危机性质

On the Nature of European Debt Crisis:A Reflection of the Character of the Crisis through the Rescue Effects

危机的性质决定救助方法,对危机性质判断的正确与否直接关系到危机救助机制有效性的高低。困扰欧洲三年多的债务危机至今未能找到根本的解决方法,危机的久拖不决增加了危机恶化的风险,同时也加大了欧元区解体的可能性。这与欧盟委员会、欧洲央行以及国际货币基金组织等救助机构将危机主要定位为流动性危机不无关系。

The character of the crisis decides rescue method, so effectiveness of crisis rescue mechanism depends on the correct judgment of the crisis character. The European debt crisis has plagued Europe for more than three years and a fundamental solution has not been found out so far. The protracting crisis has increased the deteriorating risk, and also raised the possibility of the Eurozone＇ s breaking up. That was partially because of the European commission, the European central bank and the IMF who consider the crisis as liquidity crisis.