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1 Late Payment Directive
https://single-market-economy.ec.europa.eu/smes/sme-strategy/late-payment-directive_en
The entire European economy is negatively affected by late payment. To protect European businesses, particularly SMEs, against late payment, the EU adopted ...
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2 Late Payment Directive - Wikipedia
https://en.wikipedia.org/wiki/Late_Payment_Directive
The Late Payment Directive, 2011/7/EU is a Directive of the European Union concerning commercial late payments. It replaced the previous Late Payment ...
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3 Late Payments Directive: European Parliament approves ...
https://content.next.westlaw.com/practical-law/document/I9a7cc2b6e84d11e398db8b09b4f043e0/Late-Payments-Directive-European-Parliament-approves-amended-text?viewType=FullText&ppcid=e3fb61c2dfe847b28b6f365dbd295e5a&originationContext=knowHow&transitionType=KnowHowItem&contextData=%28sc.DocLink%29
As a general rule, the new Directive requires public authorities to pay invoices for goods and services within 30 days.
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4 Late Payment in Commercial Transactions - DETE
https://enterprise.gov.ie/en/what-we-do/supports-for-smes/late-payments/late-payment-in-commercial-transactions/
Under these Regulations it is an implied term of every commercial transaction that where a purchaser does not pay for goods or services by the relevant payment ...
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5 Late Payment: New report shows need for stricter rules
https://www.ebc-construction.eu/2022/08/29/late-payment-new-report-shows-need-for-stricter-rules/
In the course of the summer, credit management company Intrum published its European Payment Report 2022, which gives on overview of the ...
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6 Late payments: Average payment period decreasing, but more ...
https://www.pubaffairsbruxelles.eu/eu-institution-news/late-payments-average-payment-period-decreasing-but-more-progress-needed/
But late payment still hurts many companies, in particular SMEs, and ultimately the EU's competitiveness. Paying within the legal time limit of 30 days is ...
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7 Simplified Guide to the Late Payment Directive [EU/UK 2021]
https://brodmin.com/payments/late-payment-directive/
If the purchaser defaults on payment, then the supplier can automatically charge interest at the statutory rate. According to the European ...
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8 Governments' Late Payments and Firms' Survival: Evidence ...
https://www.journals.uchicago.edu/doi/full/10.1086/713502
Outstanding payments in commercial transactions, if delayed beyond the agreed period of time, can engender a range of negative externalities and expose ...
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9 Maximum commercial payment terms in Europe
https://www.bclplaw.com/en-US/insights/maximum-commercial-payment-terms-in-europe.html
Aggrieved business creditors are automatically entitled to interest for late payment and the right to claim €40 per invoice, plus any other ...
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10 Late payment: Commission urges 4 Member States to comply ...
https://www.europa-nu.nl/id/vkbrguf12tzn/nieuws/late_payment_commission_urges_4_member
The Late Payment Directive (Directive 2011/7/EU), which had to be transposed into national law by 16 March 2013, recasts a previous directive (Directive 2000/35 ...
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11 Late Payments in Poland: Economic and Legal Perspectives
https://ersj.eu/journal/2031
its EU peers. From an economic perspective, the authors analyzed changes in late payments, checked whether overdue invoices become increasingly common, and ...
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12 Late payments – SMEs still bear the burden - FIEC
https://www.fiec.eu/download_file/force/618/646
These facts were then put up against the European legislation in this field, namely the European. Late Payment Directive from 2011. According to the Intrum.
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13 S.I. No. 388/2002 - European Communities (Late Payment in ...
https://www.irishstatutebook.ie/eli/2002/si/388
The Regulations provide that interest shall be payable in respect of a late payment. In addition, it will be an implied term of every contract that interest is ...
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14 EU Late Payment Directive in Place in Member States
https://eurocollectnet.com/wp-content/uploads/2020/08/BC_JulAug15.pdf
pean Parliament and the Council of the European. Union adopted Directive 2000/35/EC of June 29, 2000 on combating late payment in commercial transactions.
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15 Late Payments In Commercial Transactions In The European ...
https://www.researchgate.net/publication/305279139_Late_Payments_In_Commercial_Transactions_In_The_European_Union_Are_We_Getting_Better
The European Union has made several efforts to solve this problem through legal regulations, which are supposed to accelerate the payment ...
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16 Late Payment - SMEunited
https://www.smeunited.eu/policies/policies/single-market/late-payment
Payment delays hamper the development of viable businesses and are responsible for one bankruptcy out of four in the European Union. The EU rules to fight ...
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17 How to recover export payment? - 1819.Brussels
https://1819.brussels/en/information-library/growing-your-business/export-protection-against-late-payments
This is a quick and fully digital procedure used for late-paying customers in another EU country (except Denmark). To use the instrument, you ...
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18 A Users Guide to the recast Late Payment Directive - GOV.UK
https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/360834/bis-14-1116-a-users-guide-to-the-recast-late-payment-directive.pdf
implementing European Directive 2011/7/EU on combating late payment in commercial transactions; that aims to make pursuing payment a simpler process across the ...
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19 Late Payment Directive - ACT Wiki
https://wiki.treasurers.org/wiki/Late_Payment_Directive
Statutory interest on late payment of at least 8% above the European Central Bank's reference rate. EU member countries may continue maintaining ...
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20 The EU Late Payment Directive and Supply Chain Finance
http://www2.primerevenue.com/European-Late-Payment-Directive-and-SCF
The European Parliament approved Directive 2011/7/EU to combat late payments in commercial transactions. The European Payment Directive limits the time ...
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21 Parliament's vote crucial in eradicating Europe's late payment ...
https://www.eurochambres.eu/wp-content/uploads/2020/02/32-LatePayments_20Oct10-2010-00595-01.pdf
“Today's European Parliament adoption of the recast Late Payment Directive represents an important step in curbing the late payment culture which affects ...
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22 EU Directives – Tuesday, 18 May 2021 - Oireachtas
https://www.oireachtas.ie/en/debates/question/2021-05-18/183/
In line with its commitment to address the issue of late payments, Government has gone a step further by requiring public authorities to pay for ...
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23 EU: New time limits for contractually agreed payment terms
https://www.globalcompliancenews.com/2014/09/10/eu-new-time-limits-for-contractually-agreed-payment-terms/
In addition, they raise the statutory interest on late payment and introduce a claim for payment of a fixed compensation in case of late payment ...
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24 Government late payments and firms survival. Evidence from ...
https://ideas.repec.org/p/ipu/wpaper/87.html
Outstanding payments in commercial transactions, if delayed beyond the agreed ... payment backlogs, brought about by the EU directive on Late Payment have ...
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25 Late Payment Directive 2000/35 and the CISG
https://digitalcommons.pace.edu/cgi/viewcontent.cgi?article=1063&context=pilr
EUROPEA [News of the European Union] 9, 11 (Jan. 2004). 2 See Directive 2000/35, supra note 1. 1. Page 3 ...
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26 Late Payment Directive - HighRadius
https://www.highradius.com/resources/eb/late-payment-directive/
Late payment causes administrative and financial burdens, which are particularly acute when businesses and customers are in different EU countries According to ...
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27 Late Payment in Belgian Commercial Transactions: What is ...
https://www.crowell.com/NewsEvents/AlertsNewsletters/all/Late-Payment-in-Belgian-Commercial-Transactions-What-is-the-Impact-of-the-Changes-to-the-Payment-Term-Rules
› AlertsNewsletters › all › Lat...
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28 Why tackling late government payments to businesses should ...
https://blogs.lse.ac.uk/europpblog/2020/06/16/why-tackling-late-government-payments-to-businesses-should-be-a-key-priority/
Every year, many businesses across Europe go bankrupt as a result of payment delays. For this reason, the EU established a Late Payment ...
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29 Late Payment Legislation in EU Member States - Pay On Time
https://payontime.co.uk/late-payment-legislation-in-eu-member-states
› Calculator
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30 Late payments soar, revealing extent of coronavirus pain on ...
https://fortune.com/2020/04/22/late-payments-soar-coronavirus-vendors/
Businesses throughout Europe are struggling to collect an unprecedented mountain of unpaid invoices as customers withhold payments in order ...
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31 Late Payment Directive: user guide to the recast Directive
https://www.gov.uk/government/publications/late-payment-directive-user-guide-to-the-recast-directive
Under the new rules, debtors will be forced to pay interest and reimburse the reasonable recovery costs of the creditor, if they do not pay for ...
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32 EU Directive on combating late payments - TIMOCOM
https://www.timocom.co.uk/blog/late-payment-rights-402868
Debts must be paid immediately, unless otherwise agreed upon within the contract. If there is an agreed upon payment period in the contract, ...
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33 Directive 2011/7/EU of the European Parliament and of the ...
https://www.legislation.gov.uk/eudr/2011/7/introduction?timeline=false&view=plain
(12) Late payment constitutes a breach of contract which has been made financially attractive to debtors in most Member States by low or no interest rates ...
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34 Prompt payment
https://tfig.unece.org/contents/prompt-payment.htm
An important recent EU Directive on Late Payment sets a general 30-day deadline for paying invoices, and states that only in exceptional cases can this paying ...
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35 VAT penalties and late payment fees in Europe in 2022
https://www.easytax.co/en/tax-mag/info/vat-penalties-in-the-eu/
Delay in payment Less than 3 months: 5%. Between 3 and 6 months: 10%. Between 6 and 12 months: 15%. Beyond 12 months: 20% and interest on late ...
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36 Single market for goods. Late payment campaign - ICAB
https://www.icab.es/en/actualitat/noticies/news/142ecc9b-c15a-11ea-8f39-005056821e39/
Every year, hundreds of thousands of European businesses have closed waiting for late payments. Small and medium-sized enterprises are particularly exposed ...
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37 UK late payment culture shows signs of improvement as rest ...
https://www.tungsten-network.com/press-release/uk-late-payment-culture-shows-signs-of-improvement-as-rest-of-europe-lags-behind-2/
(2018) UK late payment culture shows signs of improvement as rest of Europe lags behind · Global payment data revealed by Tungsten Network shows time firms take ...
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38 Payment practices of businesses in Eastern Europe | Atradius
https://atradius.us/reports/payment-practices-barometer-eastern-europe-2020-businesses-enter-2021-pandemic-battered-but-hopeful.html
45% of the total value of B2B invoices issued in Eastern Europe remained unpaid at the due date. · The upsurge in late payments has led to a 103- ...
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39 UK businesses brace for late payment surge - ICAEW.com
https://www.icaew.com/insights/viewpoints-on-the-news/2022/jun-2022/uk-businesses-brace-for-late-payment-surge
About six in 10 companies say they are worried that the risk of late payments will grow this year, according to Intrum's annual European ...
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40 Late Payments Directive | Parfrey Murphy
https://parfreymurphy.ie/late-payments-directive/
The interest rate chargeable for late payment is the European Central Bank (ECB) rate plus 7%. Parties to a contract may agree an alternative interest rate. The ...
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41 European businesses expect jump in late payments during ...
https://news.cision.com/intrum/r/stagflation-fears--european-businesses-expect-jump-in-late-payments-during-second-half-of-2022,c3588433
Intrum's yearly European Payment Report (EPR)*, a survey of 11,000 companies across 29 European countries, shows that businesses are ...
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42 The need to regulate Buy Now, Pay Later in Europe
https://thepaypers.com/expert-opinion/the-need-to-regulate-buy-now-pay-later-in-europe--1257837
The same practices are being applied to smaller purchases. For a smaller EUR 20 purchase, these late payment fees represent more than 50% of the ...
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43 New law on late payment - Lexology
https://www.lexology.com/library/detail.aspx?g=a2f3b208-8bb0-4158-ba74-f689d4a80107
The European Communities (Late Payment in Commercial Transactions) Regulations 2012 (the “Regulations”) are relevant to anyone, ...
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44 Intrum report: Estonian business suffers from epidemic of late ...
https://www.baltictimes.com/intrum_report__estonian_business_suffers_from_epidemic_of_late_payments/
„Unfortunately, across much of Europe, a late-payments culture persists. The European Commission has warned that just four in 10 EU businesses ...
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45 European Parliament adopts non-legislative Resolution on ...
https://uk.practicallaw.thomsonreuters.com/w-018-6133?transitionType=Default&contextData=(sc.Default)
Late payments in commercial transactions: European Parliament adopts non-legislative Resolution on Directive 2011/7/EU ... On 17 January 2019, the ...
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46 Directive 2000/35 - Combating late payment in commercial ...
https://www.eumonitor.eu/9353000/1/j9vvik7m1c3gyxp/vitgbgi6wfz5
In its resolution on the Commission recommendation on payment periods in commercial transactions(6), the European Parliament called on the Commission to ...
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47 Late payment interest on overdue VAT liabilities - VATupdate
https://www.vatupdate.com/2022/03/04/late-payment-interest-on-overdue-vat-liabilities-an-overview-of-a-selection-of-eu-countries/
Late payment interest on overdue VAT liabilities – An overview of a selection of EU countries · BELGIUM: 9.6%/year · FRANCE: 2.4%/year · GERMANY: ...
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48 EC's new late payment directive grossly overlooks the buyer
https://www.worldfinance.com/contributors/ecs-new-late-payment-directive-grossly-overlooks-the-buyer
The EC's latest directive on late payments will leave buyers feeling rather neglected ... After a long consultation period, the European ...
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49 Compensation for Recovery Costs - DETE
https://www.dbei.gov.ie/en/What-We-Do/Supports-for-SMEs/Late-Payments/Compensation-for-Recovery-Costs-/
The European Communities (Late Payment in Commercial Transactions) Regulations 2012 provide that where late payment interest falls due in respect of a ...
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50 The Law on Late Payments in Commercial Transactions in ...
https://www.agplaw.com/the-law-on-late-payments-in-commercial-transactions-in-cyprus/
A statutory interest rate is applicable on late payments, which is set at 8% above the prevalent European Central Bank reference rate. The ...
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51 Late Payment Directive aims to end 'debt culture'
https://business-review.eu/featured/late-payment-directive-aims-to-end-debt-culture-45556
Overall, at present some 57 percent of European companies say they have cash-flow difficulties resulting from late payments, which are up by ...
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52 Late Payments - Ministry for Finance
https://finance.gov.mt/en/The-Ministry/Departments-Directorates-Units/fpmd/Pages/Late-Payments.aspx
The applicable legal interest rate in the event of late payment in commercial transactions in force on 1st July 2022 is: 8.00%. Frequently asked questions – ...
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53 A‑X, 10.1.2 Late payments - Guidelines for Examination
https://www.epo.org/law-practice/legal-texts/html/guidelines/e/a_x_10_1_2.htm
European Patent Convention - This area contains legal texts from the EPO, including the European Patent Convention, Ancillary regulations to ...
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54 Late payments: how to collect and avoid them - Allianz Trade
https://www.allianz-trade.com/en_global/news-insights/business-tips-and-trade-advice/late-payments-how-to-collect-and-avoid-them.html
In the European Union, legislation first introduced in 1998 supports the statutory right of companies to collect interest for late payments.
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55 Cyprus implements new EU directive on combating late ...
https://www.harriskyriakides.law/insights/news/cyprus-implements-new-eu-directive-on-combating-late-payment-in-commercial-transactions
Further, a statutory interest rate on overdue payments is set at the reference rate plus at least 8%. Currently, the rate is overall 8.75%. The ...
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56 Late payments in commercial transactions
https://www.aslaw.eu/en/articles/late-payments-in-commercial-transactions
Specific directives have been adopted at European level in order to combat late payments. First, Directive 2000/35/EU was enacted. The latter was replaced by ...
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57 Comparative Study Late Payment - Elvinger Hoss Prussen
https://www.elvingerhoss.lu/sites/default/files/documents/legal_topics/other_areas/Comparative_study_-_Late_Payment_2014.pdf
Europe. However fighting late payment on a European level still demands ... in fighting late payments throughout. Europe. It provides a convenient per.
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58 The Late Payment Directive &#8211 - Kluwer Law Online
https://kluwerlawonline.com/journalarticle/European+Review+of+Private+Law/11.4/ERPL2003033
It is designed to reinforce the position of the creditor in cases of late payment. It defines cases where interest and/or compensation are due and fixes the ...
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59 Directive 2000/35/EC: combating late payment in commercial ...
https://www.ab.gov.tr/files/tarama/screening_files/20/SC20EXP_Combating%20late%20payment.pdf
Statutory interest & interest rate: Unless otherwise specified in an agreed contract, the penalty interest rate is the one set up by the European. Central Bank ...
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60 EU Set to Delay Payment of €3 Billion of Aid to Ukraine Again
https://www.bloomberg.com/news/articles/2022-11-03/eu-set-to-delay-payment-of-3-billion-of-aid-to-ukraine-again
Ukrainian authorities told EU officials in early September that they were counting on receiving the delayed payment this year, an EU ...
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61 How do the late payment rules apply in the UK? - Hogan Lovells
https://www.hoganlovells.com/~/media/hogan-lovells/pdf/publication/clientnoteonthelatepaymentsrulesintheuk_pdf.pdf
Where relevant, the previous rules under the original Late Payments of Commercial Debts (Interest). Act 1998 will continue to apply. As described in the EU.
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62 European Countries Fails in Payments on Time
https://www.tnp.no/norway/economy/3603-european-countries-fails-in-payments-on-time/
The revised Late Payment Directive gives the right to businesses to be paid by public authorities within 30 days. Member States had 760 days (until 16 March ...
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63 Payment term, collection charges and statutory interest
https://business.gov.nl/regulation/payment-term-collection-charges-statutory-interest/
There are legal payment terms for contracts between companies and governments. Governments must pay the invoice within 30 days of receiving it.
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64 Apple Card
https://www.apple.com/apple-card/
Credit reporting includes payment history and other information about your Apple Card, including negative items like missed payments. Card usage and payment ...
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65 Late Payments Directive amendments adopted by the EU
https://www.eversheds-sutherland.com/global/en/what/articles/index.page?ArticleID=en/tmt/Late_payments_directive_amendments_adopted_by_the_EU_060411
Under the new rules, a creditor will be entitled to interest for late payment as provided below once he has fulfilled his contractual ...
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66 Late payments to companies slow down job growth in Europe
https://www.brusselstimes.com/37757/late-payments-to-companies-slow-down-job-growth-in-europe
Late payments, as well as long payment terms, cause trouble for enterprises all over Europe and the consequences can be counted in lost jobs ...
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67 65% of EU Suppliers Feel Late Payments Put Them At Risk ...
https://www.ivalua.com/press-releases/almost-two-thirds-of-european-suppliers-say-late-payments-put-them-at-financial-risk/
Research from Ivalua has revealed almost two thirds (65%) of suppliers feel late payments are putting their company at financial risk.
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68 Legal terms for payments in Germany | CMS Expert Guides
https://cms.law/en/int/expert-guides/cms-expert-guide-to-payment-term-legislation/germany
Yes, Germany has implemented legislation based on EU Directive 2011/7/EU on combating late payments in commercial transactions.
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69 Change to Law on Late Payments by Public Authorities
https://www.ckt.ie/news/change-to-law-on-late-payments/
the Statutory interest rate for late payment is 8 percentage points above the European Central Bank's reference rate. These regulations were ...
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70 Late Fees and Refunds | Central European University
https://www.ceu.edu/admissions/funding-fees/tuition-fees/latefees-refunds
If a student's account becomes overdue, a 20 EUR late fee is automatically added to the balance (EUR 20/fee/installment). The Budget and Finance Office issues a ...
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71 Changes to payment terms as of 1 February 2022 - Credendo
https://credendo.com/en/knowledge-hub/changes-payment-terms-1-february-2022
The legal payment term remains 30 days, with the possibility for companies to deviate from this but never to exceed 60 days. Any contractual payment term longer ...
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72 The Shortcomings of European Union Directive 2011/7 on ...
https://brooklynworks.brooklaw.edu/cgi/viewcontent.cgi?article=1058&context=bjil
Directive 2011/7, of the European Parliament and of the Council of 16. February 2011 on Combating Late Payment in Commercial Transactions.
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73 Late Payment Rules - ECJ EUROPEAN Cleaning Journal
http://www.europeancleaningjournal.com/magazine/articles/business-reports/late-payment-rules
Late payment rules ... The standard deadline in the European Union for both public and private sectors to pay a bill for goods or services will ...
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74 The Court of Justice sanctioned Italy for infringing EU ...
https://www.dfalex.eu/en/news/the-court-of-justice-sanctioned-italy-for-infringing-eu-legislation-aimed-at-combating-late-payments-by-public-authorities/
We remind that this directive secures a small automatic compensation for every late payment by public authorities and guarantees the automatic application of ...
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75 Payment deadlines / Late payment interest - Guichet.lu
https://guichet.public.lu/en/entreprises/gestion-juridique-comptabilite/facturation/encaissement/interets-retard.html
Every debtor is required to pay the invoices received within the contractual or legal deadline. Failing this, the creditor can claim late ...
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76 The repercussions of the new Spanish Late Payment Law
https://teleroute.com/en-en/blog/article/this-is-how-the-new-spanish-late-payment-law-can-affect-your-transport-business/
With this new law, which aligns with the European policies for the control of late payments, Spain aims to put an end to one of the sector's ...
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77 European Union Invoice Payment Terms, Laws & Codes - Taulia
https://taulia.com/payment-terms/european-union/
EU Late Payment Directive of 16 Feb 2011 required member states to implement laws by 16 Mar 2013. Maximum terms from public entities are capped at 30 days.
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78 MACM discuss EU Late Payment Directive in Paris - MaltaToday
https://www.maltatoday.com.mt/business/business_news/13965/macm-discuss-eu-late-payment-directive-in-paris
With specific exceptions, firms will not be allowed to pay later than 30 days and in case of late payment, suppliers will be allowed to charge interest on late ...
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79 late payment interest - Spanish translation - Linguee
https://www.linguee.com/english-spanish/translation/late+payment+interest.html
According to the Directive, a late payment interest may be charged when the payment [...] is not made within the contractual or legal deadline. eur-lex.europa ...
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80 European Payment Report 2022 | Intrum UK
https://www.intrum.co.uk/business-solutions/reports-insights/reports/european-payment-report-2022/
The European Payment Report (EPR) describes the impact late payments has on the development and growth among European businesses. The insights are based on ...
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81 Belgium: Late payments in commercial transactions to be ...
https://www.linklaters.com/en-us/knowledge/publications/alerts-newsletters-and-guides/2021/december/14/belgium-late-payments-in-commercial-transactions-to-be-more-vigorously-combated-as-of-1-feb-2022
Directive 2011/7/EU on combating late payment in commercial transactions, replacing Directive 2000/35/EC, aims at preserving the stability ...
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82 Late payments: construction still the worst-hit industry - cece.eu
https://www.cece.eu/news/late-payments-construction-still-the-worst-hit-industry
Late payments and long payment terms affect the European construction sector in particular, causing administrative and financial burdens ...
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83 Deferred Payment, Late Payment, Payment Backlog and How ...
https://econjournals.sgh.waw.pl/JMFS/article/download/751/654/
EU Member States almost 50% of B2B trade is covered by deferred payment schemes ... 9 J. Shopovski, Late Payments in Commercial Transactions in the European ...
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84 Directive 2011/7/EU (Late payment in Commercial Transactions)
https://www.lexisnexis.com/uk/lexispsl/publiclaw/document/412012/5Y4J-V5C3-CGXG-0328-00000-00/Directive_2011_7_EU__Late_payment_in_Commercial_Transactions__applicability_to_and_effect_on_Member_State_governments_where_continuing_failures_of_public_authorities_to_pay_timeously__European_Commission_v_Italian_Republic_
Directive 2011/7/EU (Late payment in Commercial Transactions)—applicability to and effect on Member State governments where continuing ...
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85 Suspension of Surcharge for Late Payment of Renewal Fees ...
https://www.mewburn.com/news-insights/suspension-of-surcharge-for-late-payment-of-renewal-fees-at-the-epo
As provided by the Paris Convention (Art 5bis (1) PC), any European patent renewal fee may be paid up to six months “late” (during a so-called “ ...
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86 Late Payment EU Directive | Invoicey Get Unpaid Invoices Paid
https://www.invoicey.co.uk/late-payment-european-directive
The Late Payment Directive, 2011/7/EU[1] is a Directive of the European Union concerning commercial late payments. It replaced the previous Late Payment ...
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87 Entrepreneurship Innovation and Internal Market Section
http://www.meci.gov.cy/MECI/sit/sit.nsf/All/56249FF47427AECAC22581A800245F6A?OpenDocument
The European Parliament and the Council of the European Union adopted the Late Payments Directive 2011/07/ΕΕ on combating late payment in commercial ...
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88 UK and Ireland among top five worst in Europe for payment ...
https://www.credit-connect.co.uk/news/uk-and-ireland-among-top-five-worst-in-europe-for-payment-delays/
France is amongst the worst-performing European countries for late payments. Their sectors with the shortest payment delays are Retail & CPG ...
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89 Late payments and credit recovery in Italy - Monza Legal
https://www.monzalegal.com/senza-categoria/late-payments-and-credit-recovery-in-italy/
EU directive 2011/7/EU of 16-02-2011 aims at safeguarding enterprises against late payments in business transactions.
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90 Judgment of the Court (Ninth Chamber) of 9 July 2020 (ECLI ...
https://www.stradalex.com/en/sl_src_publ_jur_int/document/cjeu2020_C_199_19_57
'Member States shall ensure that, where interest for late payment becomes payable in commercial transactions in accordance with Article 3 …, the ...
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91 UK small businesses call on European Commission to up fight ...
https://www.fsb.org.uk/resources-page/uk-small-businesses-call-on-european-commission-to-up-fight-to-end-late-payments-culture.html
Strengthen small businesses' legal protection against lengthy payments terms by more precisely defining the term 'grossly unfair' as used in the Late Payment ...
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92 France Late Payments update for Reminders and Finance ...
https://learn.microsoft.com/en-us/dynamics/s-e/nav/msdynav2013_francelatepaymentreminder_487
The French Government, under the European Directive 2011/7/EU to fight against late payment between companies of member states, ...
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93 EU Late Payment Directive: The Next Chapter - LinkedIn
https://www.linkedin.com/pulse/eu-late-payment-directive-next-chapter-grainne-fennell
Late payments negatively impact the entire European economy. It has been reported that almost 78% companies in Europe have experienced late ...
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