由于基本不可能进行债务重组，又缺乏一个足够规模且政治上认可的中央预算来缓解国家危机，欧洲人于是将德国选为他们假想的霸主。
With debt restructuring essentially ruled out and without a sizeable, politically-sanctioned central budget to relieve countries in distress, Europeans have anointed Germany as their presumptive hegemon.