Payment deadlines: The last chance reform?
The deadlines for payment of arrears are a real headache for companies and for the Government. Attempts to treat this issue were carried out but in vain. This time, by adopting, during the Council of Government last Thursday, September 29, the draft law which reforms the Commercial Code on issues relating to payment terms, will it be the right one? We will have to wait for its approval by the Parliament and the start of its implementation to decide. In the meantime, it must be recognized that the royal speech relating to payment terms could not have been clearer. “