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SERVICE OF INDUSTRY AND TECHNOLOGY

Announcements


Interest Rates for Late Payments - 01/07/2022


    The Ministry of Energy, Commerce and Industry announces the following interest rates from the 1st of July 2022, as per L.123/(I) of 2012; “Law on combating late payments in commercial transactions and for related matters”.

    Reference Rate: 0.00% (Main Refinancing Operations (MRO) rate (0.00%)) as published on the website of the European Central Bank).

    Rate for the calculation of the statutory Late Payment Interest Rate: 8.00%
    (MRO rate plus 8 percentage points (8%)).

    Penalty interest due for late payments should be calculated at a daily rate.



    Related Files:

    July 2022 Interest Rates for Late Payments as per Law N123 2012.pdf
    The file requires Acrobat Reader to open (Size: 68,26Kb)