No proper benchmark for checking European Export Credit Agencies’ compliance with EU objectives
September 4, 2020
Despite being the biggest class of public finance institutions operating internationally, export credit agencies (ECAs) are rarely subject to any public scrutiny. European ECAs declare the compliance with the non-binding OECD Common Approaches standards, but it’s an insufficient benchmark for evaluating compliance with the EU’s External Action obligations as stated by the relevant EU Regulation.
Policy coherence and transparency of EU export credits
November 3, 2019
Member State-backed loans lack transparency. EU legislation requires states to report to the European Parliament to review the compliance of export credit agency (ECA) activities with Union objectives and obligations, including on climate and human rig