Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-10-19-Speech-2-578"

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"en.20101019.23.2-578"2
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"The report on action against late payments aims to improve the functioning of the internal market, to improve payment ethics, and to support the ability of small and medium-sized enterprises to pay. The current trend is to pay the invoice immediately before it is due or when it is overdue. The measures contained in the proposal submitted could lead to a new business culture in which timely payments are the rule and late payments are considered to be an unacceptable abuse of the customer and a breach of contract. A new rate of 1% could be imposed for reimbursing the costs of recovering late payments – for individuals, businesses and public authorities – whereas in the event of late payments of individual instalments, the interest rate and penalties would be calculated exclusively for late payments. A fixed period of 30 days is proposed as the payment period. Exceptions are allowed only in special circumstances. Here, it is necessary to define clearly what counts as a special circumstance. The rapporteur proposes setting a period of 60 days as the maximum payment period for public authorities, which I fully support. The interest on late payments should be progressive in order to motivate the debtor to pay the amount due as soon as possible. The legalistic approach, including penalties, should, in my opinion, be supplemented further by so-called soft measures by the Member States: for example, the promotion of electronic invoices, the adjustment of payment regimes for a large volume of work or services or positive publicity."@en1

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