EUR-Lex Access to European Union law

Back to EUR-Lex homepage

This document is an excerpt from the EUR-Lex website

Document 52012XC0421(01)

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

OJ C 117, 21.4.2012, p. 1–2 (BG, ES, CS, DA, DE, ET, EL, EN, FR, IT, LV, LT, HU, MT, NL, PL, PT, RO, SK, SL, FI, SV)

21.4.2012   

EN

Official Journal of the European Union

C 117/1


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

I.   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 (1) (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.

II.   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’.


(1)  OJ C 281, 17.9.1997, p. 4.


Top