The EU decided over the 30-day payment period

With its decision on Wednesday the EU maximized the payment terms, so the companies have to equalize their accounts within 30 days and under certain conditions, within 60 days.

According to the survey of Atradius Credit Insurance; 46 percent of the international companies expect positive effects from the EU legislation.
The companies faced with a growing number of late payments in the past two years, because of the financial crisis. To solve this problem, the European Parliament voted a law proposal yesterday, that the companies have to equalize their accounts within 30 days and under certain conditions, within 60 days – reports Világgazdaság Online.