Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-10-19-Speech-2-567"
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"en.20101019.23.2-567"2
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"In an unstable economic environment, late payments have an adverse impact on SMEs. Improving the system in this respect is an ambitious objective, but it is also necessary to ensure that employees and suppliers are paid on time. The new regulations on late payment in commercial transactions should facilitate and speed up the process for companies to recover the money they are due. I believe that all the parties involved must be on an equal footing and the rules must apply to all.
During the last three years, more than 30 000 SMEs have ceased operating due to financial deadlock. One of the causes is late payment by the state for products and services.
I wish to end by expressing my support for this proposal for a directive which encourages better supervision and evaluation of the commercial transactions system."@en1
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