208
April 20, 2009
May 6, 2009
October 29, 2009
June 22, 2009
August 5, 2009
October 2, 2009
February 5, 2010
October 5, 2009
November 6, 2009
Luxembourg
Denmark
Denmark (modification)
Finland
Germany
Netherlands
Netherlands (modification)
France
Belgium
EC approval date
300 per quarter
1,000 (cumulative)
1,500
1,500
no budgetary limitations
no budgetary limitations
no budgetary limitations
no budgetary limitations
25
Maximum exposure (€ millions)
yes
no
yes
yes
no
no
no
no
no
Top-up onlya
100% of current credit limit but not exceeding old limit
100% of current credit limit
100% of current credit limit
100% of current credit limit
no
no
100% of current credit limit
no
old credit limit
Maximum top-up
1.50
1.00
3.00
1.50
1.00
0.50
1.00
within certain rating categories less rating categories within certain rating categories no
1.00
0.64
0.49
0.95
risk assessment by ECA
0.30
2.00
0.50
very high probability of default risk assessment by ECA
2.00
1.00
very high probability of default
maximum 4.00
minimum
Credit terms up to 6 months
2.00
1.50
1.00
1.50
0.73
0.60
0.50
1.00
1.50
minimum
2.00
6.00
1.00
1.50
0.82
1.65
2.00
2.00
4.00
maximum
Credit terms up to 12 months
Premium (% of turnover)
1.50
risk assessment by ECA
Buyers excluded
General eligibility restrictions
Table 11.1 EU Countries’ State Aid to the Short-Term Export Credit Insurance Market
0.30–0.70
0.24
0.10–0.60
0.10–0.60
—
—
0.25–0.30
0.25–0.30
± 0.50
Basic market rates
20
15–17
25; set-up costs maximum €50,000
35
none
none
25–35
25–35
none
Private credit insurer fee (% of premium income)