Brussels, 13/01/2010 (Agence Europe) - On Wednesday 13 January, the European Commission authorised a measure adopted by Denmark which provides a state guarantee on non-life insurance against damages stemming from nuclear, biological, chemical or radioactive (NBCR) terrorist attacks that exceed a certain threshold. It found that the measure was an appropriate means of ensuring that insurance coverage against NBCR risks would be available in Denmark, and approved the measure under Article 107 3(c) of the Treaty on the Functioning of the European Union (TFEU), which allows, under certain conditions, aid for the development of certain economic activities. In a press release, the Commission stated: “The measure is designed to be self-funding and concerns insurance cover that is currently insufficiently available on the private market”. Neelie Kroes affirmed that this decision “shows that the Commission and member states can work together on important public policy goals”. The commissioner for competition also underlined that “the decision will ensure that insurance coverage against certain terrorist risks is available on the Danish market, while at the same time ensuring that state aid and single market rules are respected". (O.L./transl.fl)