Late payment remains a persistent issue in the construction industry, affecting both private and public contracts. The long, interconnected supply chain, power imbalances, and disputes over quality contribute to delayed payments, which can heavily impact SMEs and crafts in the sector.
EBC calls for a zero-tolerance policy on late payments and advocates for stronger enforcement of late payment regulations, protecting SMEs from the cash flow disruptions that hinder their operations.
Economy
On 28 January, the Grand Chamber of the European Court of Justice ruled that Italy had violated Directive 2011/7/EU on combating late payment in commercial transactions, because it failed to...
Social Affairs
