Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-10-19-Speech-2-798"
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"en.20101019.23.2-798"2
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"At a time of economic crisis, we must carry out reforms to improve the environment for business, because that is our best opportunity to stimulate the economy by the most direct means, thereby creating new jobs. The directive on combating late payment in commercial transactions is one of the most positive examples of this type. Late payment for the receipt of goods and services is a practice that is noticeable in Member States. Furthermore, on several occasions, it is public bodies, which should theoretically have no problems in settling bills, that act in this way. This is a significant impediment to the activities of businesses and prevents them from developing. This sort of practice must be brought to an end. The biggest winners from this directive will not only be businesses that operate wholly within the borders of a particular Member State but also especially small and medium-sized enterprises, which will be able to export goods and services to other Member States without needing to worry that they will need to wait several months to be paid. All European consumers will, for their part, be winners from the increased competition and supply that the new rules will ensure. The directive is a significant step towards the improvement of the payment culture in Europe. By taking these sorts of decisions, we are building a Europe that is an attractive place for investors and our own businesses. It is also essential for us going forward to take courageous decisions to encourage development."@en1
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