Brussels, 20/10/2010 (Agence Europe) - On Wednesday 20 October, the European Parliament gave its blessing to the new directive on combating late payments in commercial transactions (EUROPE 10232). The EP adopted, by a very large majority (612 votes in favour, 12 against and 21 abstentions), the report by Barbara Weiler (S&D, Germany), which confirms the agreement concluded with the Council.
The directive will provide better protection for creditors, most of them SMEs, whilst respecting...