各界对欧盟峰会解决欧债危机的能力和决心本不抱多少期望;对上月底在比利时首都布鲁塞尔召开的欧盟峰会尤其如此。但由于德国态度出现转变,峰会达成三大积极成果,有助于打破西班牙银行与主权债务风险的恶性循环、为平抑金融市场动荡而使欧洲稳定机制可以直接购买国债、以及刺激经济增长,亦为化解欧债危机争取了时间。但是,如何落实细节,如何重塑财政与刺激经济增长,如何应对各国政治风险仍然任重而道远。总之,化解危机之路必然曲折且漫长,但此次峰会使欧元区短期内解体风险大大下降,为解决欧洲危机赢得了宝贵时间。 People from all walks of life do not have much expectation on the ability and determination of the EU summit to resolve the debt crisis in Europe. This is especially true at the EU summit held in Brussels, the capital of Belgium, late last month. However, due to the change in Germany’s attitude, the summit reached three major positive results, helping to break the vicious circle of Spanish banks and sovereign debt risks. In order to stabilize the financial market turmoil, the European Stability Mechanism can directly purchase government bonds and stimulate economic growth. Resolve the debt crisis in Europe for the time. However, how to implement the details, how to reshape the fiscal system and stimulate economic growth, and how to deal with the political risks in various countries still have a long way to go. In short, the road to resolving the crisis must be tortuous and lengthy. However, the summit has greatly reduced the risk of the euro zone’s disintegration in the short term and has gained valuable time in solving the crisis in Europe.