login
login

Europe Daily Bulletin No. 9977

16 September 2009
Contents Publication in full By article 20 / 39
GENERAL NEWS / (eu) eu/state aid
Commission approves German export credit scheme

Brussels, 15/09/2009 (Agence Europe) - On Tuesday 15 September, the European Commission authorised a scheme envisaged by Germany to limit the adverse impact of the current financial and economic crisis on the supply of export credit. Under the scheme, the German public credit institution Kreditanstalt für Wiederaufbau (KfW) would be allowed to purchase existing export loans from banks. These banks would have to use the cash received for granting new export loans to purchasers outside the...

Contents

A LOOK BEHIND THE NEWS
THE DAY IN POLITICS
GENERAL NEWS