The European Commission has authorised, under EC Treaty State aid rules, a measure adopted by Denmark to limit the adverse impact of the current financial crisis on export firms. Under the notified scheme, the Danish state export-credit agency Eksport Kredit Fonden (EKF) would provide export-credit reinsurance to complement insurance cover available on the private market. Under the reinsurance agreement with the private credit insurers, EKF would take over the part of the risk related to those transactions for which private insurers have withdrawn their cover. Both the private insurers and the exporters would retain part of the underlying risk. The Commission found the measure to be in line with its Temporary Framework for State aid measures to support access to finance in the current financial and economic crisis. In particular, the measure requires market-oriented remuneration and concerns insurance cover currently unavailable on the private market. In addition, the measure includes safeguards to avoid financially-unsound transactions and counterparties from not obtaining cover even under normal market conditions, unduly benefit from the measure. The Commission authorised the measure until 31 December 2010.