Export Credit Guarantees in Developing Business Environment of the European Economic Area

The role of export credit guarantees in developing business environment of the European Economic Area (EEA) is an important topic, since in recent years export to a number of the EEA member states has become unpredictable. The aim of the research is to analyze the use of export credit guarantees in the EEA in order to identify its development problems and to elaborate solutions to its improvement. Based on the analysis, it is concluded that the resuming of the availability of export credit guarantees is highly desirable in order to help especially the EEA member states to recover from the financial and economic problems and to promote the development of the entire EEA.