Trade finance news

German Trade and Export Report: A giant calls for help

Last Updated January 15, 2009
German Trade and Export Report: A giant calls for help

German Trade and Export Report: A giant calls for help

As Germany’s exports plummet, its exporters are turning to export credit agencies (ECA) for support, filling out applications for Euler Hermes cover in their droves. The German government also has renewed its commitment to support German exports. The banking sector now needs to ensure it can meet the upsurge in demand for trade and export products.  Rebecca Spong reports.



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