Global Trade Alert
Global Trade Alert

Austria: Amendment of the Export Finance Law

Announcement

29 Mar 2017

On 29 March 2017, the Austrian government amended its Export Finance Law.

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Number of interventions

2

1 certainly harmful

0 likely harmful

1 liberalising

List of interventions

Implementation date

29 Mar 2017

Revocation date:

No revocation date

Updated: 29 Mar 2017
Trade finance In force

At the same time, the amendment expanded export financing to include the hedging of equity financing and equity-related instruments.

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Implementation date

29 Mar 2017

Revocation date:

No revocation date

Updated: 29 Mar 2017
Trade finance In force

The amendment limits the liability framework for foreign businesses from 50 to 40 billion EUR. The reduction was a reaction to the insufficient utilization of the framework in the prior year, amoun...

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