Mutuo Fondiario Mutuo Fondiaro is a special form of mortgage loans which confers some extra protections and prerogatives to the creditors -that are primarily banks or other Financial Institutions- compared to the traditional ordinary loans. Due to these protections, Mutuo Fondiario has become the preferential instrument of credit issuers (banks and FIs). The counterparts to[…]
Introduction to Patto Marciano: A Comprehensive Analysis In an attempt to overhaul the Italian Bank Credit system, the “Consolidated Banking Act”, also known as “Patto Marciano”, has been ratified by Italian Legislators. It compromises of two parts, Article 120-quinquiesdecies which deals with ‘Consumer’ Loans, and article 48-bis, regulating ‘Corporate’ Loans; passed by the Legislative Decree[…]
President Trump recently took to twitter to tout low unemployment rates and high job creation numbers. He also claimed that the current US economy is the greatest in American history. (Fact check: it is not). For 2019, the data shows an annual average growth of 2.3%, ending the year at 2.1% for the fourth quarter.[…]