Magazine date:
Jun 2009 Credit insurers, being accused of jeopardizing small and medium enterprises, are kept in sight by public authorities.
In this period of crisis, insurers have adopted an extremely restrictive policy. For fear of corporate failures, they have drastically reduced their guarantees, thus compromising entire sections of the economy.
The most vulnerable sectors to this credit insurance shortage are: food-processing, transport, car subcontracting and construction.
Unless reasonable insurance conditions are established, thousands of enterprises may be compelled to file for bankruptcy.