The European Commission intends to present the revision of the Late Payments Directive in the third quarter of 2023, according to a draft version of its work programme obtained by EUROPE, which is expected to be presented on Tuesday 18 October.
“We must remove the barriers that still hold back our small businesses, because they are the backbone of Europe’s long history of industrial prowess. That is why we will propose a relief package for SMEs. The Commission will revise the Late...