出处:《中银财经述评》(第107号),“欧美债务危机的异同和发展趋势”除金融危机催化和加剧债务危机负担外,欧债危机的根源更多在于欧元区自身货币环境、经济政策以及经济结构等层面所累积的问题。货币环境方面,在欧洲走向货币联盟过程中,欧元区各国尤其是非核心国利率大幅下调。利率下跌为公共及私营 Source: Review of the BOC Finance (No. 107), “Similarities and Differences and Trends of Debt Crisis in Europe and the United States” In addition to the financial crisis that catalyzes and exacerbates the burden of debt crisis, the root cause of the debt crisis in Europe is more in the euro area’s own monetary environment, Economic policy and economic structure and other aspects of the accumulated problems. In terms of monetary environment, in the course of moving toward a monetary union in Europe, the interest rates of various countries in the euro area, especially non-core countries, dropped drastically. Interest rates fell to public and private