You have to give it to the European Council. They are pretty good at stitching up impressive looking deals, having lowered expectation to a bare minimum beforehand. But the effectiveness of an agreement should not be gauged by the immediate market reaction, let alone by how the agreement compares with expectations.
我們必須嚴厲斥責歐洲理事會(EC)。它們非常擅長事先把期望值降到最低限度，然后商定出令人贊嘆的協議。但是，判斷一項協議是否有效的標準不應是市場的即時反應，更不應該拿協議跟預期進行比較。
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