Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-10-20-Speech-3-420"

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"en.20101020.21.3-420"2
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"I voted in favour of Mrs Weiler’s report on combating late payment in commercial transactions. Business activities are greatly hindered by debts or late payments that often represent the reason why otherwise solvent enterprises fail due to a kind of domino effect. Late payments represent a frequent event in Europe that is damaging to enterprises, particularly small enterprises. Furthermore, in most Member States, public authorities customarily pay late in situations of financial difficulty. A need has therefore emerged to strengthen existing legal measures by undertaking to combat late payment to support companies, particularly SMEs, and establish exact terms and appropriate penalties for those who are in breach."@en1

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3http://purl.org/linkedpolitics/rdf/spokenAs.ttl.gz

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