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Europe Daily Bulletin No. 7721

20 May 2000
Contents Publication in full By article 28 / 48
GENERAL NEWS / (eu) eu/business
Industry Council approves directive on late payments, Commission stresses positive effects for SMEs

Brussels, 19/05/2000 (Agence Europe) - The European directive on late payments in commercial transactions is this time almost certainly adopted. After over two years of discussions and a conciliation procedure with the European Parliament, the Industry Council approved it on Thursday. Parliament will put the finishing touches to the adoption procedure at its June plenary session, in Strasbourg.

The European Commission welcomed this outcome and stressed the importance of the new provisions....

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THE DAY IN POLITICS
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ECONOMIC INTERPENETRATION