late payments

European Commission refers Romania to the CJEU over late payments to pharmacies

The European Commission decided on Wednesday to refer Romania to the Court of Justice of the European Union (CJEU), accusing the Romanian state of failing to ensure timely payment to pharmacies, thus violating the European Directive on combating late payments.

Romania 90 Days Overdue Loan Payments Up 3% MM To RON2B In Nov

Romanian payments overdue by more than 90 days for loans of at least 20,000 lei (EUR1=RON4.1355) rose 3.2% on the month in November to RON2.04 billion, central bank data showed Tuesday.