Portugal approves 2 Billion Euro export credit facility (in Portuguese)
(Agência Financeira, Lisbon, 9 January 2009) The Portuguese government has approved export credit support mechanisms worth 2 billion Euros to rejuvinate economic activity and exports. The sum will be divided equally to support sales to OECD and non-OECD markets and will be managed by FINOVA in support of 5 insurers: COSEC, Credit y Caution, CESCE, Mapfre and COFACE.