New Zealand Export Credit Office Accessibility Skip to content. Skip to navigation

You are here: Home > Country Information > Europe

Skip to content. | Skip to navigation

Personal tools


Country information updated 21 Mar 2014
Page updated 20 Mar 2013

The following list of countries from Europe shows their country risk classification and the New Zealand Export Credit Office (NZECO)’s indicative level of cover, for credit exceeding one year.

  1. Country Initial
  2. A
  3. B
  4. C
  5. D
  6. E
  7. F
  8. G
  9. H
  10. I
  11. L
  12. M
  13. N
  14. P
  15. R
  16. S
  17. T
  18. U
Country Information for Europe
Country Risk Rating Cover Status
Armenia 6 Normally Off Cover
Austria 0 On Cover
Azerbaijan 5 Limited Cover
Belarus 7 Limited Cover
Belgium 0 On Cover
Bosnia and Hercegovina 7 Limited Cover
Bulgaria 4 On Cover
Croatia 5 On Cover
Cyprus 2 Limited Cover
Czech Republic 0 On Cover
Denmark 0 On Cover
Estonia 0 On Cover
Finland 0 On Cover
France 0 On Cover
Georgia 6 Limited Cover
Germany 0 On Cover
Greece 0 Normally Off Cover
Hungary 4 On Cover
Iceland 0 On Cover
Ireland 0 On Cover
Italy 0 On Cover
Latvia 4 On Cover
Lithuania 2 On Cover
Macedonia 5 Limited Cover
Montenegro 7
Limited Cover
Netherlands, The 0 On Cover
Norway 0 On Cover
Poland 2 On Cover
Portugal 0 On Cover
Romania 3
On Cover
Russia 4
Limited Cover
Serbia 6 Limited Cover
Slovakia 0 On Cover
Slovenia 0 On Cover
Spain 1 On Cover
Sweden 0 On Cover
Switzerland 0 On Cover
Turkey 4 On Cover
Ukraine 7 Limited Cover
United Kingdom 0 On Cover


Risk Rating
Each country is rated by the OECD on a scale from 0 to 7; with 0 for low financial risk and 7 for high financial risk. Ratings may change.
Status Cover Status "Limited Cover" signifies that the export transaction will have to satisfy more stringent conditions in the NZECO's risk assessment for the NZECO to guarantee it. For example, to offset the increased risk, the NZECO may demand a higher level of risk participation sharing, may charge a higher premium, or may require collateral of some type. In the worst case, the NZECO may refrain from accepting the application.

This Country Cover information describes NZECO's guiding cover-policy at the time of issue. The information does not necessarily reflect the present possibilities for cover. Before acting on the background of this material, the company/bank is requested to obtain further information from NZECO.

If the country you are looking for is not on the list, contact the NZECO office.

Page top logo