In this letter Trichet and Draghi discuss the procedures that the Italian government should take to restore the confidence of investors.

They developed their argumentation into three point.

First the government should guarantee the quality of public system and the creation of a fiscal system that support efficiency in the labour market.

There should be taken some measures like the full liberalization of local public services, the adoption of a thorough review of the rules regulating the hiring and dismissal of employees. An additional-corrective fiscal measures is needed, and it's possible to intervene further in the pension system, making more stringent the eligibility criteria for seniority pensions and rapidly aligning the retirement age of women in the private sector to that established for the public employees.

In the writers' opinion there should be some cuts to compense this economical measures, and commercial debt and expenditures of regional and local government should be placed under control.

In the end Trichet and Draghi encourage the Italian government to take all the appropriate actions to solve the Italian's economical problems.

The development of this letter has the function to explain in few point the measures that the government should take in a comprehensible way. So the reader can understand this argument and the official intention of the Governing Council and of the European Central bank.