• GDP: gross domestic product (prodotto interno
lordo)
• Quarter: trimestre. In senso scolastico, quarter
soprattutto USA e scozzese, in inglese term.
• Recovery: ripresa (econ.) ma nel linguaggio medico
“guarigione”, nel linguaggio legale “restituzione”
“indennizzo”, nel linguaggio sportivo “ripresa” o
“rimonta”.
• To falter: perder colpi
• To release: diffondere
• To report: registrare
• To shrink: contrarsi, avere una contrazione
• Summit: incontro al vertice, vertice
•
•
•
•
•
•
•
•
•
Measures: provvedimenti
To tackle: affrontare
Budget deficit: deficit di bilancio
This year: anno in corso
Invece di ripetere il giorno, On Thursday, dare:
nello stesso giorno, nella stessa occasione
To agree: concordare
In principle: in linea di principio
but no specific commitments on aid were
agreed: senza tuttavia addivenire a nessun
impegno specifico in merito al tipo di aiuto.
To put pressure: mettere sotto pressione
German economic recovery falters
Germany's recovery from recession faltered in
the final quarter of 2009, according to
preliminary figures released on Friday.
The German economy failed to grow at all in the
last three months of the year, with GDP
unchanged compared with the previous quarter.
Meanwhile, France reported a 0.6% rise in GDP
for the same three-month period - better than
analysts expected.
Figures also showed the eurozone economy grew
0.1% in the same quarter.
This represents a slowdown in the economies of
the 16-nation zone, which grew by 0.4% between
July and September last year.
Official first estimates indicated that the Italian
economy shrank by 0.2% after growing by 0.6% in
the previous quarter.
They also showed that Spain and Greece
remained in recession, with the Greek economy
contracting by 0.8%.
On Thursday after a summit in Brussels, EU
leaders said Greece had to take further measures
to tackle its huge debts and cut its budget deficit
by 4% this year.
•
•
•
•
•
•
Worse than feared: peggio del previsto
Stall: situazione di stallo
To follow: far seguito a
Largest: più forte
To emerge: uscire
To rely: far affidamento
• (Il settore su cui più fa affidamento)
• Were: hanno rappresentato
• Year-on-year: anno per anno, annuale
• Crescita anno per anno: annual/yearly/year-onyear growth
• Slump: caduta dei prezzi, crollo. Crisi, recessione
• Slump symptoms: sintomi recessivi
• We no longer have a slump: non siamo più in
presenza di una crisi/di una recessione
• To show: evidenziare
• Rebound: risalita, ripresa
• with exports up for the fourth month in a row in
December: in aumento per il quarto mese
consecutivo/di fila da dicembre
• as a whole: complessiva
• to China: verso la Cina
• said…: ha dichiarato di ritenere che “…”
• stimulus: stimolo, incentivo
They agreed in principle on Thursday to support
Greece, but no specific commitments on aid
were agreed.
Greece's debt crisis has put pressure on the euro,
making markets nervous. Following the German
GDP figures, the euro fell further against both the
pound and the dollar.
Worse than feared
The stall in German growth follows two
consecutive quarters of growth in Europe's
largest economy.
Germany emerged from recession last summer
thanks to a recovery in its exports - on which it
largely relies.
"Exports were the only positive contribution,"
said the Federal Statistical Office.
The BBC's Tristana Moore in Berlin said the
figures were "worse than expected".
Analysts were surprised by the figures, with the
majority expecting modest growth in the last
three months of the year.
Year-on-year, the economy shrank by 1.7%, the
figures showed.
"We no longer have a slump, but rather a very
weak recovery," said Gerd Hassel, economist at
BHF Bank. "The first quarter will probably turn
out weak too."
Data earlier this month showed a strong rebound
in German exports, with exports up for the fourth
month in a row in December.
That was despite an 18.4% fall in exports for 2009
as a whole - the biggest year-on-year fall since
1950, losing it the title of world's biggest
exporter to China.
Meanwhile another quarter of growth in the
French economy added to optimism over the
strength of France's recovery from recession.
"I think [0.6%] is really a satisfactory result that
proves that the stimulus measures we took ...
were efficient," said Christine Lagarde, the
French economy minister, speaking to a French
radio station.
Scarica

German economic recovery falters