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politiche di rientro

English translation: public debt and deficit reduction policies


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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Italian term or phrase:politiche di rientro
English translation:public debt and deficit reduction policies
Entered by: simon tanner
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14:04 Sep 20, 2010
Italian to English translations [PRO]
Bus/Financial - Economics / academic paper
Italian term or phrase: politiche di rientro
again, talking about perceived advantages of single currency:

"L’adesione dell’Italia all’unità monetaria in letteratura veniva vista positivamente per tre principali motivazioni: 1) poteva favorire il contenimento del debito attraverso la riduzione dei tassi di interesse; 2) conferiva credibilità all’impegno dei governi verso ***politiche di rientro***, grazie alla forte sanzione rappresentata dal mancato rispetto dei criteri di Maastricht; 3) ..."

I know this or similar terms have been posted, but I'm not sure that the translations provided work here. For a start, what is meant in this context? Is it simply "cuts" or something wider ranging - polices aimed at bringing the economy in line with the Maastricht criteria? (which is horribly long-winded)

any help appreciated
simon tanner
Italy
Local time: 19:49
public debt and deficit reduction policies
Explanation:
This was to get public debt below a percentage of GDP. Italy's is about 103%. Of course it is all tied in with the rientro of the public deficit, countries spending more than the are collecting in revenues, where targets were to get these again below a percentage of GDP, much smaller, at around 2-3%. But obviously the objective here is a break-even or surplus.

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Note added at 12 mins (2010-09-20 14:16:56 GMT)
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All the main details are here:

http://en.wikipedia.org/wiki/Stability_and_Growth_Pact
Selected response from:

James (Jim) Davis
Italy
Local time: 19:49
Grading comment
great, Jim; thanks
4 KudoZ points were awarded for this answer



Summary of answers provided
5 -1payback plans / voluntary arrangement
GianLuigi Miani
4public debt and deficit reduction policies
James (Jim) Davis
3ERM re-entry policies
Tom in London


  

Answers


2 mins   confidence: Answerer confidence 3/5Answerer confidence 3/5
ERM re-entry policies


Explanation:
there's a bit of guesswork in my suggestion but it might work.

Tom in London
United Kingdom
Local time: 18:49
Works in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 44
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6 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5
public debt and deficit reduction policies


Explanation:
This was to get public debt below a percentage of GDP. Italy's is about 103%. Of course it is all tied in with the rientro of the public deficit, countries spending more than the are collecting in revenues, where targets were to get these again below a percentage of GDP, much smaller, at around 2-3%. But obviously the objective here is a break-even or surplus.

--------------------------------------------------
Note added at 12 mins (2010-09-20 14:16:56 GMT)
--------------------------------------------------

All the main details are here:

http://en.wikipedia.org/wiki/Stability_and_Growth_Pact

James (Jim) Davis
Italy
Local time: 19:49
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 340
Grading comment
great, Jim; thanks
Login to enter a peer comment (or grade)

1 hr   confidence: Answerer confidence 5/5 peer agreement (net): -1
payback plans / voluntary arrangement


Explanation:
Payback plans/policies se intendi rientro da scoperto

"voluntary arrangement" that (see Wikipedia" is a formal alternative for individuals wishing to avoid bankruptcy


GianLuigi Miani
Italy
Local time: 19:49
Specializes in field
Native speaker of: Italian

Peer comments on this answer (and responses from the answerer)
disagree  philgoddard: Have you read the context?
2 hrs
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