Communication from the Commission amending the Communication of the Commission to the Member States pursuant to Article 93(1) of the EC Treaty applying Articles 92 and 93 of the Treaty to short-term export-credit insurance (Text with EEA relevance) 2012/C 117/01
Grade B
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Not the law itself: Notice
Address https://gelex.eu/eli/EU/notice/oj/C/2012/117/01@2012-04-21/en
Contents
Introduction The Communication of the Commission to the Member States pursuant to Article 93(1) of the EC Treaty applying Articles 92 and 93 of the Treaty to short-term export-credit insurance (the Communication) stipulates that marketable risks cannot be covered by export-credit insurance with the support of Member States. Marketable risks are commercial and political risks on public and non-public debtors established in countries listed in the Annex to that Communication, with a maximum risk period of less than two years. Having regard to the exceptional economic disturbance to the Greek economy and the scarcity of private insurance cover for exports to Greece, the Commission has decided to exclude Greece from the list of marketable risks countries. Amendment to the Communication The following amendment to the Communication of the Commission to the Member States pursuant to Article 93(1) of the EC Treaty applying Articles 92 and 93 of the Treaty to short-term export-credit insurance applies from 20 April 2012:
Annex is replaced by the following: List of marketable risk countries
European Union
All the Member States except Greece
Countries which are members of the OECD
Australia
Canada
Iceland
Japan
New Zealand
Norway
Switzerland
United States of America.