Cassa Depositi e Prestiti Attempts to Stimulate Italian Housing Sector
Posted on 11/22/2013
Home prices are struggling in Italy’s residential sector. The Cassa Depositi e Prestiti (CDP), Italy’s state fund, has allocated €3 billion to purchase mortgage-backed securities and other assets as a plan to stimulate the Italian housing market. The current Italian mortgage market is smaller than their Northern neighbors. In addition, the CDP has reserved €2 […]
