TO UNDERPIN: sostenere

TO PURSUE: perseguire

TO THIS PURPOSE: a questo scopo

TO ANHANCE: favorire

TO MOVE IN DIRECTION: muoversi verso una qualche direzione

KEY CHALLENGE: sfida chiave

TO DESIGN: progettare

TO BE SUITED TO: essere adatto a

COMPETITIVENESS: competitività

TO APPLY TO: applicare a

A NEED TO FURTHER: un ulteriore bisogno di

TO TAILOR: tagliare su misura

TRADE UNION: sindacato

THOROUGH REVISION: completa revisione

TO HIRE: assumere

EMPLOYEE: dipendente

UNEMPLOYMENT: disoccupazione

SET/RANGE: gamma

TO TAKE A MEASURE: prendere una misura / fare un'azione

POLICY: politica (ex. The European Union's policy = la politica dell'Unione Europea)

POLITICS: scienza della politica

POLITICIANS: politico (persona)

TO ENSURE: assicurare

INSURANCE: assicurazione

SUSTAINABILITY: sostenibilità

TO EASE: facilitare

TO ALLOCATE: allocare

TO FRONTLOAD: anticipare

TO AIM TO: essere finalizzato a

VIA: attraverso

TO ACHIEVE: raggiungere

ELIGIBILITY CRITERIA: condizioni per partecipare

THE RETIREMENT AGE: età di pensionamento

TO ALIGN: adeguare

THEREBY: laddove

IN ADDITION TO/BESIDES/FURTHERMORE: oltre a/inoltre

TO STRENGHTEN: rinforzare

TURNOVER RULES: regole del ricambio

SLIPPAGE: slittamento

TO BORROW: prendere in prestito

TO LEND: dare in prestito

DEBT: debito

IN LINE WITH: in linea con

ONGOING: in corso di svolgimento

IN VIEW OF: in vista di

TO REGARDE SOMETHING EXCRUCIAL: considerare qualcosa molto importante

ABOVE: sopra (senza contatto)

ON: sopra (con contatto)

TO TIGHTEN: restringere

The formal letter sent by the Governing Council of the European Central Bank and written by Jean Claude Trichet and Mario Draghi has been sent to the Italian Prime Minister Silvio Berlusconi the 5^th of August 2011.

In this letter the Governing Council informs the Prime Minister that it considers necessary further measures to restore the confidence of investors.

The letter deals whith three points. Each of this points is also divided in three parts where re listed the essential-considered measures.

The first point emphasizes the need to enhance the potential growth with a large number of reforms in the local services, in the companies and system of hiring.

In the poin number two is mentioned the financial problem with a list of further measures of reforms related to the pension system and wages. Furthermore is suggested to take the reforms listed above as decree-laws as soon as possible and to improve the fiscal rules.

The third point stresses the need to improve the public administration in order to to make the administration efficiency better.

At the end of its letter the Governing Council of the European Central Bank express its wish to see these measures applied.