Translation of "Resserrement" in English

Parce qu'il y a eu un resserrement spécifique à Hambourg de la

. Because there was Hamburg-specific tightening

On espère que la baisse des taux bancaires soulagera le sévère resserrement financier qui a frappé l'industrie.

The bank rate cut is expected to relieve the severe financial squeeze that has hit industry.