Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-10-20-Speech-3-391"
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"en.20101020.21.3-391"2
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"I voted in favour of the report because I feel it is of fundamental importance to deploy all possible actions with the aim of strengthening the competitiveness of SMEs. Furthermore, combating late payment in commercial transactions, which represents an unacceptable abuse, must be pushed forward, particularly at a time of economic recession such as the one we are experiencing. The negative effects of late payment are considerable, representing considerable costs for creditor companies, reducing cash flows and the possibility of investment, and impacting on the competitiveness of SMEs.
This directive rightly includes measures to discourage debtors from paying late, measures that allow creditors to exercise their rights, and also identifies specific and precise rules such as default notices, compensation for recovery costs and the 30-day deadline, unless particular derogations apply, for the payment of debts. These put public authorities under an obligation and discourage them from forms of behaviour that could have negative impacts on SMEs, compromising the credibility of policies adopted.
Fast payments are also a necessary and preliminary condition for investment, growth and job creation."@en1
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