SECTORAL POLICIES / Internal market

Member States highly critical of proposed regulation on late payments

Brussels, 07/03/2024 (Agence Europe)

On Thursday 7 March, European ministers responsible for the internal market debated the European Commission’s proposal for a regulation on late payments (see EUROPE B13248A21). While they all said they wanted to tackle late payments, which are particularly harmful to SMEs, they were very reluctant to change the current rules. The debate on the Commission’s proposal had a “critical tone”, in the words of the Belgian Minister for SMEs, David Clarinval, who chaired the meeting.

Some...