Late payment for breakfast

On 10th January, FIEC participated in a breakfast discussion, organised by the SME intergroup of the European Parliament, on the hot topic of late payment.
On this occasion, 2 studies were presented: the European Payment Report 2017, by INTRUM, and the Economic impact of poor payment practice (2016), by the British Federation of Small Businesses (FSB).  
It came out of the presentations and the discussions that SMEs continue to bear the burden of late payment and that very few of them use or even know about the possibilities offered to them by the 2011 Late Payment Directive (LPD). Also, it appears that public authorities remain the worst payers when it comes to late payment.
According to the European Commission, which closely monitors the application of the 2011 LPD, late payments as such have decreased, but in B2B, larger companies tend to request long payment terms from their suppliers or subcontractors.
The European Commission is also collecting further data in view of a possible future revision of the Directive.



FIEC position on the revision of EU Social Security Regulations

FIEC has forwarded to the members of the EMPL Committee of the European Parliament its position paper on the on-going revision of the EU “Social Security” Regulations (883/2004 and 987/2009), which constitutes an important complement to the provisions on “Posting”, in order to allow an effective level playing field.

In its position FIEC underlines the need for :

  • strengthening the cooperation and the exchange of information between national administrations
  • reinforcing the reliability of the A1 forms
  • strengthening the provisions regarding the pursuit of activities in two or more Member States
  • aligning some of the proposed changes with the “Posting” (96/71/EC) and “Enforcement” (2014/067/EC) Directives
  • a stronger involvement of the Social Partners.


Construction industry federations meet 

Representatives of architects, contractors, material producers, mechanical equipment manufacturers, property developers, surveyors, engineers and others are meeting today to discuss collaboration on the topic of Construction 4.0.  Digitalisation was already a major theme in 2017 and is set to become the game changer in 2018.  Federations will consider how they can share their expertise to ensure an effective transformation across the construction industry, which does not leave any company in the value chain – whether large or small – behind.