German exports to Greece decline on default risk
Greece?s economic crisis is increasingly threatening exports from Germany to the country, German newspaper Bild reported in a preview of an article due to appear on Saturday.
The crisis also has prompted Euler Hermes, Germany?s biggest export insurer, to frequently reject risk coverage, the newspaper said.
The company may announce in the next few days that it is ending new business with Greece, Bild added.
[Bloomberg]
