Following this study, the Average Payment Delay (AMD) in 2020 for 9 European countries in our analysis has worsened because of the effects of COVID-19 crisis on payments.
Trying to fight against late payments and helping make sure that companies are paid on time is a key initiative promoted by the European Commission already in with the adoption of the Late Payments directive. Since this first time, the EU has also been working on adapting the late payments directive and also on ensuring it was correctly implemented by the various Member States, for example through various workshops and round table work on Late Payments attended by FEBIS representatives over the...