Late payments obstacle to growth

Late payments are holding back the European economy, a broad business survey made by Intrum Justitia, Europe’s largest credit management company, shows. Companies surveyed cited payment uncertainty as the most significant obstacle to growth in international trade, inside as well as outside the EU. Long payment delays - or no payment at all - is making companies think twice before doing business in another country, thereby hampering the single market and harming EU competitiveness.

European Payment Index

Intrum Justitia, Europe’s leading provider of Credit Management services carried out a written survey in 22 European countries involving more than 9,000 companies. The results of the survey are published in the
European Payment Index Report (PDF, 2 MB).