Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-10-20-Speech-3-407"
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"en.20101020.21.3-407"2
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"I welcome the Commission’s proposal tackling the problem of late payments which is becoming a serious issue, particularly in cross-border commercial transactions, because it violates legal security.
In order for the consequences of late payment to be such as to discourage it, it is necessary that fast-acting procedures for the recovery of undisputed outstanding debt related to late payment be introduced within the establishment of a culture of prompt payment. The amending proposal, aimed at the enforcement of payment of such claims against an enterprise or a public authority via a broadly accessible on-line procedure, will be a positive step towards the simplified and speedier recovery of this kind of outstanding debt. It will be beneficial primarily to small and medium-sized enterprises which suffer most from late payment and laborious recovery procedures."@en1
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