Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-10-19-Speech-2-799"

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"en.20101019.23.2-799"2
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"The Commission on Sustainable Development (CSD) has long been fighting a battle to turn the state into an upstanding citizen when it comes to fulfilling its obligations. Back in February this year, a draft law by the CSD was approved in Parliament which establishes that the state is to begin paying default interest when the delay in payment exceeds the limits set out in the contract or in law (30 or 60 days). The CSD has also been advocating the possibility of compensation of claims between state debts to companies and corporate debts to social security or the tax authorities for several years, attempting to make life easier for companies that, not being paid by the state, are still being confronted with the obligation to pay its social and tax contributions. We are therefore completely on board with the text that has now been approved, and which will establish an average period of 30 days for the state to pay its debts to suppliers. This term may be extended to 60 days in specific cases. It will also establish the obligation to pay default interest for late payment These are rules based on absolute justice, and they can help to alleviate the situation of many companies, especially small and medium-sized enterprises (SMEs)."@en1

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