Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-10-19-Speech-2-565"
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"en.20101019.23.2-565"2
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"Madam President, Commissioner, ladies and gentlemen, I would like to begin by congratulating my fellow Member, the rapporteur, for her work, as well as thanking all those who worked with her on this report, which has allowed this agreement to be reached at the first reading.
Everyone here recognised that the present directive, which recasts the previous directive that is more than 10 years old, aims to put an end to a widespread problem: the European Union and late payment. Such delays are unreasonably long in some Member States when they involve public administration. This practice has massive negative effects on economic life, whether in terms of small and medium-sized enterprises or the internal market, and they cannot be tolerated any longer, especially given that we are experiencing the kind of economic and financial crisis that we are at present.
This legislative amendment brings coherence and sense to the plan for reviving the European economy and implementing the ‘Small Business Act’. This directive is sure to improve the liquidity of companies. Creditors will have an effective and efficient tool for exercising their rights against ‘bad payment behaviour’. With this directive in place, reprehensible practice by public entities will be the exception. Public administrative bodies should set a good example by paying their bills for goods and services within a month. Now it is up to the institutions involved, the Council and the Member States to ensure that the transposition of this directive is carried out as swiftly as possible."@en1
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