Bloomberg News

German Exports to Greece Decline on Default Risk, Bild Reports

May 25, 2012

Greece’s economic crisis is increasingly threatening exports from Germany to the country, Bild reported in a preview of an article due to appear today.

The crisis also has prompted Euler Hermes, Germany’s biggest export insurer, to frequently reject risk coverage, the newspaper said. The company may this week announce that it is ending new business with Greece, Bild added.

To contact the reporter on this story: James Kraus in London at jkraus2@bloomberg.net

To contact the editor responsible for this story: Angela Cullen at acullen8@bloomberg.net


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