Italian PM Renzi Eyes Role for CDP in Stimulating Domestic Economy

Italy Prime Minister Matteo Renzi has further plans to utilize the country’s large public institutional investor, Cassa Depositi e Prestiti (CDP), to stimulate economic growth and create jobs. Renzi is looking to follow the playbooks of France and Ireland. Several European countries have used strategic development sovereign wealth funds, state-owned funds and public pensions to jumpstart domestic activity.

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