RUSSIAN CRISIS: SACE IS TEMPORARILY SUSPENDING THE EVALUATION OF NEW PROJECTS IN RUSSIA AND BELARUS

In consideration of the deterioration of the risk in the geographies affected by the Russian-Ukrainian conflict, SACE is temporarily suspending the evaluation and acceptance of new risks for export credit activities in Russia and in Belarus. Moreover, with the aim of assessing the scenario on a daily basis and providing utmost support to Italian exporters and the national economic system, SACE has put in place a crisis room involving various functions and will continue to monitor the situation very carefully, updating its position based on future developments.