Home Les bulletins GEAB New debt recovery rules enter into force

New debt recovery rules enter into force

Businesses, particularly small and medium-sized enterprises (SMEs), will be able to benefit from new EU rules to recover debt from debtors in other EU countries which came into force on Wednesday. About 600 million Euros are lost every year due to long and costly legal procedures preventing companies to recover money they are owed outside their home country. The proposed European Account Preservation Order (EAPO) can help companies by offering them a simple and cost-effective way to block funds that are owed.

Unpaid bills can seriously affect the bottom line of a company, says the EU’s Commissioner for Justice and Consumers Vera Jourova: «As a former entrepreneur, I know that Particularly small businesses often cannot afford the legal support necessary to bring back the money they are owed».

«Thanks to the European Account Preservation Order, businesses and citizens will be able to recover millions in cross-border debts by requesting that the amount owed to them is blocked on the debtor’s bank accounts»…

Read more : EUBusiness, 18.01.2017

Este artículo no admite comentarios
Artículos relacionados
Geta Grama-Moldovan
15 Oct 2019

Inversiones, tendencias y recomendaciones (oct 2019)

#cryptomonedas #finanzas #gas #inversiones #petroleo

Política monetaria: atención al volantazo El cambio a positivo de los indicadores económicos asociado a la distensión de las relaciones comerciales de finales de año, sumado a la rebelión contra [...]

Geta Grama-Moldovan
15 Oct 2019

Enfoque: Los retos del sector químico europeo

#Estados Unidos #Europa #FMI #gobernanza #Grecia #sector químico

La industria química en Europa se enfrenta a muchos desafíos como resultado de los cambios en su posición competitiva, los problemas ambientales globales y locales, así como la innovación regulatoria [...]

Geta Grama-Moldovan
15 Oct 2019

2020: La trampa transatlántica de la nueva Grecia

#Estados Unidos #Europa #FMI #Grecia

El pasado 8 de julio, el "paréntesis Tsipras", que tanto ha enfurecido a la Unión Europea, Estados Unidos y otros muchos intereses, llegó a su fin. El sentimiento de esperanza [...]