But in a monetary union that is impossible.
可是在一个货币同盟中，这是不可能的。
But in a monetary union, that is impossible.
但在一个货币联盟之内，这是不可能的。
A monetary union may require more than just a eurobond and a small fiscal union.
一个货币联盟所要求的，可能不仅仅是欧元债券和小规模的财政联盟。
Be aware that policy co-ordination is an essential ingredient for a monetary union to work.
要注意，政策协调是一个货币联盟能否运转的关键。
Their problem is a basic flaw in the design of the monetary union.
他们(欧洲)的问题是货币联盟设计的基本缺陷。
Is a breakup of the European monetary union possible?
欧洲货币联盟可能解散吗？
The project of monetary union confronts a huge challenge.
欧洲 货币联盟项目面临巨大挑战。
The project of monetary union confronts a huge challenge.
欧洲 货币联盟项目面临巨大挑战。
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