ECB’s new bad loan policy ruffles Italian feathers
30% of the European Union’s 915 billion bad loans are located in Italy, no wonder the proposal has tread on a nerve.
30% of the European Union’s 915 billion bad loans are located in Italy, no wonder the proposal has tread on a nerve.
Italian real estate brokers have welcomed the price drop occurring in the property market. With easing of lending and mortgaging rates, consumers have been encouraged towards purchasing real estate. Financial institutions have predicted gradual recovery of the Italian property sector.