Export credit insurance: The European Commission publishes a new Communication (Communication of the 22 decembre 2005)

*This article is an automatic translation of the original article, provided here for your convenience. Read the original article. – EC Comm, 22 December 2005, Communication to Member States amending the communication pursuant to Article 93(1) of the EC Treaty applying Articles 92 and 93 of the Treaty to short-term export-credit insurance While export credit insurance plays a very important role for exporting companies, they may experience difficulties in finding private insurance companies willing to cover certain commercial or political risks, either because these risks are too high or because the relevant insurance markets are too limited. In such cases, exporting companies have to turn to state-owned or state-supported export credit insurance