EuroCommerce (@eurocommerce) 's Twitter Profile Photo

Payment terms vote: time to descend from the ivory tower - we call on the European Parliament to consider the overwhelming consensus in the @EU2024BE to preserve contractual freedom. 👉eurocommerce.eu/2024/04/paymen… #Flexnotfixed #eurocommerce #LatePayments Roberta Metsola BUSINESSEUROPE

EuroCommerce (@eurocommerce) 's Twitter Profile Photo

The combat against #LatePayments is crucial for European businesses. We are calling for balanced solutions that preserve contractual freedom, value partnerships, avoid excessive regulation & reject unnecessary burdens. 👉 eurocommerce.eu/late-payments/ #FlexNotFixed #retail #wholesale

The combat against #LatePayments is crucial for European businesses. We are calling for balanced solutions that preserve contractual freedom, value partnerships, avoid excessive regulation & reject unnecessary burdens. 👉 eurocommerce.eu/late-payments/ #FlexNotFixed #retail #wholesale
EuroCommerce (@eurocommerce) 's Twitter Profile Photo

EU ministers gather today in a #Competitiveness Council to discuss the Commission’s proposal on combating #LatePayments. EU ministers must ensure the proposal tackles the problems instead of creating them. 👉 lnkd.in/e5nMYyy5 #FlexNotFixed

EU ministers gather today in a #Competitiveness Council to discuss the Commission’s proposal on combating #LatePayments. EU ministers must ensure the proposal tackles the problems instead of creating them.
👉 lnkd.in/e5nMYyy5  #FlexNotFixed
METRO Public Policy (@metro_politics) 's Twitter Profile Photo

Tomorrow is a crucial day for the European Commission's proposal on the #LatePayment regulation. METRO would like to reiterate its concerns: Limiting payment terms to 30 days strictly, will've a negative effect on us & our partners. Róża Thun IMCO Committee Press #FlexNotFixed ⬇️

EuroCommerce (@eurocommerce) 's Twitter Profile Photo

Before tomorrow's vote on the #LatePayments regulation, here is some input from our Economist Anton Delbarre 👇 More details on our website ▶️eurocommerce.eu/late-payments/ #FlexNotFixed Christel Delberghe

Christel Delberghe (@cdelberghe) 's Twitter Profile Photo

This means upholding the #SingleMarket as key to our #competitiveness; reporting requirements addressed at legislative stage and stronger understanding of business. Reducing payment terms to 30 days is out of sync with reality and will create a major liquidity gap. #FlexNotFixed

EuroCommerce (@eurocommerce) 's Twitter Profile Photo

Strict payment terms stifle negotiations, particularly for businesses selling slow-moving or seasonal items, potentially exacerbating liquidity problems and leading to more retail bankruptcies, leaving high streets with vacant shops. More 👉 eurocommerce.eu/late-payments/ #FlexNotFixed

EuroCommerce (@eurocommerce) 's Twitter Profile Photo

Today's discussion on #LatePayments in the IMCO Committee Press offers the chance to preserve freedom of contract. Ending discussion on this distraction is a chance to focus on the real problem - how to tackle non-compliance with contracts. #FlexNotFixed 👉linkedin.com/posts/leena-wh…

Today's discussion on #LatePayments in the <a href="/EP_SingleMarket/">IMCO Committee Press</a> offers the chance to preserve freedom of contract. Ending discussion on this distraction is a chance to focus on the real problem - how to tackle non-compliance with contracts.   #FlexNotFixed 👉linkedin.com/posts/leena-wh…
EuroCommerce (@eurocommerce) 's Twitter Profile Photo

Europe’s retailers and wholesalers, incl. booksellers say no to unfair regulation. The EU has published a draft regulation on #LatePayments, proposing fixed 30-day payment terms. This will reduce the flexibility for SMEs and reduce choice and costs for consumers #FlexNotFixed

EuroCommerce (@eurocommerce) 's Twitter Profile Photo

We want bad payers to be held to account, but the current #LatePayments draft EU regulation is pushing for a solution too hard and too fast. We need to manage the risk, not make it worse. We need to work together to find a better solution #FlexNotFixed 👉eurocommerce.eu/updates/how-co…

EuroCommerce (@eurocommerce) 's Twitter Profile Photo

#Retail & #wholesale need flexibility to thrive. Long payments are not #LatePayments if terms are agreed and followed. Our #FlexNotFixed campaign seeks to focus instead on better enforcement and capacity building. Don’t fix what isn’t broken! Renew Europe EPP S&D Group

EuroCommerce (@eurocommerce) 's Twitter Profile Photo

Demand fluctuates during the year. Current payment rules work for #retail and #wholesale to stock up, pay their suppliers, and give their customers choice at affordable prices @ different times. It’s a delicate but finely tuned value chain. 👇 #FlexNotFixed #LatePayments