Country Risk Category

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The country is a high-income country of the OECD or the Eurozone, which has not been classified by the OECD with regard to its risk. A premium category, which applies in all OECD countries, does not exist. The premium is calculated on the basis of a market test.

Short-Term 

No cover available for short-term transactions because the European Commission classified them as “marketable”.

Medium/Long-Term

There are no formal restrictions on cover.

Collateral

Collateral is not normally required.

Further Information

Country information on commercial practices, business climate, market analyses, law, import procedures, customs duties can be found on the website of Germany Trade & Invest (gtai).

There do not exist any restrictive country cover policy decisions for Untied Loan Guarantees. However, when deciding on cover of raw material projects, the Federal Government always takes the current situation in the host country into account. If you have any queries, please do not hesitate to contact our experts.

No responsibility is taken for the correctness of the information provided.