Combating Late Payments

The proposed European Regulation on late payments introduces a more rigorous framework to ensure punctuality in commercial transactions, with the aim of protecting SMEs in particular, which are often penalised by excessively long payment times. The general limit of 30 days, alongside the automatic application of late payment interest and compensation, aims to strengthen corporate liquidity and contractual certainty. Unioncamere supports these goals but highlights the need to maintain sectoral flexibility and transitional measures to avoid negative effects on complex supply chains and ensure genuinely sustainable implementation.