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This document is an excerpt from the EUR-Lex website

Document 52023PC0533

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".
EuroVoc thesaurus:
piață unică; bunuri și servicii; întreprinderi mici și mijlocii; clauză contractuală; tranzacție comercială; termen limită de plată
  • Documents:
    Ares(2023)219034 (Call for evidence for an impact assessment)Ares(2023)219034 (Call for evidence for an impact assessment)
    Ares(2023)2580317 (Factual summary report of the public consultation)Ares(2023)2580317 (Factual summary report of the public consultation)
    Leading service:
    Directorate-General for Internal Market, Industry, Entrepreneurship and SMEs
    Planned adoption period:
    01/07/2023 - 30/09/2023
    Check the status of this initiative on the Better Regulation Portal
    • Consultation type:
      Stakeholder feedback
      Consultation duration (weeks):
      4
    • Consultation type:
      Public consultation
      Consultation duration (weeks):
      8
    • Consultation type:
      Stakeholder feedback
      Consultation duration (weeks):
      4
  • Documents:
    Proposal for a regulation
    Impact assessment
    SWD/2023/313 final (Summary of impact assessment)
    Staff working document
    Leading service:
    Directorate-General for Internal Market, Industry, Entrepreneurship and SMEs
    • Consultation type:
      Stakeholder feedback
      Consultation duration (weeks):
      8