8 million companies in Europe would hire more employees if they got paid faster
·According to every third European company (32 percent), faster payments from customers would make it possible to hire more employees. It is equivalent to 8 million businesses*. * The figures are based on that there are in total 25.3 million businesses in the countries surveyed , according to official data. Source: Eurostat SBS Nace rev 2 ·Every fourth company in Europe (24 percent) also stated that there is a correlation between late payments and the need to lay off staff. ·6 out of 10 companies estimate that late payments are part of a deliberate strategy of their debtors.