Monthly Archives: January 2011

Flop of the “Hope Loan”

The so-called “Hope Loan”, which was boastfully announced two years ago by the Italian Episcopal Conference (CEI) and emphatically advertised by the media, (see Ultimissima 31st March 2009) did not work out: no more than 150 families benefited from it in 2010. The stats were revealed by the National Daily Press Agency ASCA, according to which the criteria to obtain the loan will be revised in order to make it more accessible. It will be extended to businesses and it won’t be restricted to families with three children,… Read more »