European-wide study shows that trends in payment habits are positive in Croatia and the EU as a whole.
The results of this year's study of the payment habits in Croatia and other European countries were presented in Zagreb today. For the fifth consecutive year Europe is seeing positive growth in the timely payment of accounts payable. What remains a concern however, is the fact that every fifth bill is not paid on time or in some cases not at all.
The Croatian trends are commensurate with those throughout Europe. "The study shows that the positive trends are continuing. So, in Croatia, we've gone from a payment period of 36 days in 2016 to 33 days today. Another positive is that 81% of bills are settled within the prescribed deadlines, which is in line with European trends," said Barbara Cerinski, the director of the EOS Matrix debt collection agency.
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