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An educated man is the one who never finish learning. - Lucian Blaga
Measures to combat delay in the execution of payment obligations

In order to promote business competitiveness and strengthen the functionality of the Romanian market as an integral part of the European Union’s internal market, efficient mechanisms have been necessary to combat delays in the execution of payment obligations arising from contracts between professionals and between them and contracting authorities. As a result, Directive 2011/7/EU was...