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GPerissutti- the european central bank's letter- vocabulary
by GPerissutti - (2011-10-03)
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VOCABULARY

Apply to: applicarsi a

Allow: permettere

Improve: migliorare

To design: progettare

To support: sostenere

Competitiveness: competitività(uncunteble)

Efficiency: efficienza

Underpin: sostenere

To this purpose: a questo scopo

To enhance: favorire

To move in a: muoversi verso

A need to further : un ulteriore bisogno di

To tailor: tagliare su misura

Trade union: sindacati

Thorough: complessivo

Dismissal: licenziamento

Employee: dipendente

Employer: datore di lavoro

Unemployed: disoccupazione

Range/set: gamma

To set: fissare

Politicians: uomini politici

Capable of: capace di

Reallocation: distribuzione

To take a measure: prendere misura

Ensuring-> to ensure: assicurare

To consider essential: è importante

Sustainability: sostenibilità

The aim: la finalità

To aim to: finalizzato a

Frontload: anticipare

Achieve: raggiungere

Via: attraverso(formale)

Better than plaimed: migliore di quello pianificato

Eligibility criteria: condizione per partecipare

Aligning: allinearsi

Retirement age: età della pensione

Thereby: in modo tale, laddove

Savings: risparmi

Strengthening: rafforzare

To consider: prendere in esame

Turnover rules: regole del cambio

Reducing clause: clausola per ridurre

To slip scappare fuori

Discretionary expeditures: spese discrezionali

Borrow: ottenere

To lend: dare in prestito

In line with: coerenti con

Ongoing: è in corso di svolgimento

In view of: in vista di

Regard something: considerare qualcosa di importante

Decree-laws: decreto-legge

Ratification: ratifica

To tighter: restringere

 

LETTER ANALYSIS

The letter written by Jean-Claude Trichet and Mario Draghi on date fifth August is addressed to the Prime Minister and published on the "Corriere della Sera".

The letter, after an introduction, is divided into three parts and each part consists in other three

The introduction explains the problem that concerns Italy. Following are the arguments and  the measures to follow.

Firstly the section offers advices to be followed to improve the situation about the Italian debt.

In the second section the authors consider the issue of pensions and propose to bring the retirement age for women in the private sector in line with the women in public one. And if necessary the govern should reduce salaries, so this will help to reduce the deficit.

In the last section actions aimed at exploiting economies of scale in local public services should be strengthened.

The language used is strong and persuasive, and so strikes the reader of the seriousness of the situation.