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Archives for late payments

Commission Commission Vice-President Günter Verheugen considers that late payments by public authorities are “intolerable” and lead to SMEs going bankrupt. How right he is. However, the Commission is one of the worst offenders, with its cumbersome and arcane rules. The European Ombudsman has opened a new investigation into the timeliness of payments by the Commission.… » read more

Posted by Stanley Crossick