login
login

Europe Daily Bulletin No. 9956

6 August 2009
GENERAL NEWS / (eu) eu/state aid
Commission approves German short-term export credit insurance scheme

Brussels, 05/08/2009 (Agence Europe) - The European Commission has authorised, under EC Treaty state aid rules, a measure adopted by Germany to limit the adverse impact of the current financial crisis on export firms. The Commission found the measure to be in line with its Temporary Framework for state aid measures to support access to finance in the current financial and economic crisis. In particular, the measure requires market-oriented remuneration and tackles the problem of the current...