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Late payment Europe

Under EU law, whenever business clients pay their invoices late, late payment interest can be claimed.

This applies to all commercial transactions with other businesses (including sole traders, providing that they are acting in the course of their independent economic or professional activity) and public authorities.

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News

PAYMENT TERMS REACHED A TEN-YEAR HIGH

Euler Hermes publishes its annual review and forecast of global average Days Sales Outstanding (DSO), based on a sample of 20 sectors and 36 countries.
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Payment Behavior

Good news on global growth comes with a significant deterioration in payment terms.
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China's Credit Growth

China’s broadest gauge of new credit trailed projections amid renewed government pledges to tackle financial risk.
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Exchange Rates

1 € (EUR):
AUD 1.58180
CAD 1.54430
CNY 7.92100
GBP 0.89445
HKD 9.15970
INR 80.32100
JPY 130.94000
MYR 4.74530
MXN 22.15730
KRW 1322.70996
CHF 1.16330
THB 39.01300
USD 1.16700
21.07.2018 © EZB

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