Hungary
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Country Risk Category
Cover Policy
The country is a high-income country of the OECD or the Eurozone, which has not been classified by the OECD with regard to its risk. A premium category, which applies in all OECD countries, does not exist. The premium is calculated on the basis of a market test.
Short-term Business
No cover available for short-term transactions because the European Commission classified them as marketable.
Medium/long-term Business
There are no formal restrictions on cover.
Collateral
Collateral is not normally required.
Further Information
Country information on commercial practices, business climate, market analyses, law, import procedures, customs duties and international projects and tenders can be found on the website of Germany Trade & Invest (gtai, https://www.gtai.de).
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