On the Conditions for the Existence of Euro and Its Prospect  

作　　者：Wang Shuo Li Hongli 

机构地区：[1]the Institute of European Studies, CICIR

出　　处：《Contemporary International Relations》2015年第1期92-105,5,共14页现代国际关系（英文版）

摘　　要：Ten years after the euro＇s launch, the debt crisis in the eurozone shook the currency to its foundation. The merits and demerits of the euro aside, its future trend is of critical interest to global financial markets, economists and investors, as was obvious when the euro dropped to an 11-year-low this January after the European Central Bank announced a massive purchase of public and private debt between now and 2016.Flaws in the Euro exposed in the European sovereign debt crisis make this creative single currency problematic, and its recent fall to an 11-year low had aftershocks, but the Euro is here to stay. To consolidate the single currency's status, the EU changed policies that underpin it. Deep structural reforms are being advanced in debtor nations. More needs to be done, as evidenced by the landmark quantitative easing that will come with the central bank's purchase of debt. While difficult to perfect in the short term, the legally binding concept of the Euro will continue despite changing fiscal conditions because the nature of the European market and European security require this common standard.

关 键 词：展望 金融市场 发展趋势 经济学家 投资者 ECB 债务 

分 类 号：D814.1[政治法律—国际关系]