An Assessment of The Portuguese Local Governments’ Performance Feedback on The Late Payments Directive
Research in Economics, Finance, and Accounting: 41ECO 2023
Concerns with the government’s indebtedness led the European Commission to issue the Late Payments Directive (LPD) to discourage the culture of late payments that put at risk their financial sustainability. Despite intending to hold the Member States accountable for the public entities’ payment behaviour, the…