Italy: Creating a positive loop
If non-performing loans are not actively managed they inevitably decline in value and can drag on an economy. Italy should take note, write Ted Leary and Jack Rodman
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IPE covers a good variety of very current and relevant topics. It is good to read the high-level, independent and objective perspectives from pension funds in other European countries; many of them are dealing with the same issues as we are, so it is interesting to learn from their experiences, especially when they are ahead of where we are on the curve.
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