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Revision of EU rules on late payments (Late Payments Directive)
Proposition de RÈGLEMENT DU PARLEMENT EUROPÉEN ET DU CONSEIL concernant la lutte contre le retard de paiement dans les transactions commerciales
Initiative summary:
EU rules on late payments have triggered a reduction in payment delays. However, still more than 60% of businesses in the EU are not paid on time and small and medium-sized enterprises are most affected. The initiative will provide relief to SMEs by revising existing EU payment rules based on available and upcoming evidence to promote a definitive shift towards a culture of “prompt payment".