New insurance programme for Greek exports
Published
Export Credit Greece has announced a new insurance coverage programme for Greek exports. With the Selective Risk programme, businesses can be protected against the risk of non-payment, even when they sell to a single buyer abroad.
This tool is particularly useful for small and medium-sized enterprises. Many of them export products to one large customer and, if that customer does not pay, they risk losing a large part of their revenue. With insurance, a business gains greater certainty when it enters new markets.
Selective Risk covers specific transactions, and the terms depend on the buyer's country and the type of product. Interested businesses can request information directly from Export Credit Greece, which will examine each request separately.
The company stresses that supporting exports is important for the development of the Greek economy. Insurance coverage can help more businesses grow and create jobs in Greece.
Sources: Μακεδονικό Πρακτορείο Ειδήσεων
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