In Hungary, 59 percent of the companies does not pay on time

In Europe the smallest proportion of Portugese companies pay their bills on time, while the best performance of the payment deadline can be found in Germany- shows th analysis of Dun & Bradstreet Hungária Kft. In Europe, an average, 37.8 percent of the companies pay on time, and 53.2 percent of the companies delay between 1 and 30 days with the bill payments.

In Germany, 74.7 percent of the firms, while in Switzerland 55.3 percent pay their bills on time. In Spain, Portugal and Poland, the extreme, more than 90 days delay ratio is the highest in Europe, which may also refer to the lack of liquidity also. In Hungary, 59 percent of the companies does not pay on time. (Világgazdaság Online)