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Europe Daily Bulletin No. 10323

25 February 2011
Contents Publication in full By article 34 / 38
GENERAL NEWS / (eu) eu/state aid
In-depth investigations on Ducroire and SACE BT

Brussels, 24/02/2011 (Agence Europe) - On 23 February, the European Commission opened in-depth investigations in the export-credit insurance sector in Belgium and in Italy. It will have to decide whether the Belgian state-owned credit insurance body Office National de Ducroire (ONDD) and its Italian counterpart SACE acted as “normal market economy investors” in providing their respective short-term export-credit insurance subsidiaries, Ducroire and SACE BT with capital injections of...

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