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Suppliers go under while waiting for there payment. Spanish Public administrations have a total accounts payable of 35 billion Euros. According to self-employed National Association ATA has 250.000 small businesses gone bankrupt because of the difficulties in getting paid by the authorities. The self-employed have an accumulated debt of the public administrations of 13.3 billion Euros, of the total 35 billion that the authorities are owed to suppliers. The economic burden is double for the smallest businesses, which not only has no payment for their services but also to pay out more than 1.6 million Euros in VAT that they have not yet recovered. Despite promises by the Spanish authorities on legislative changes to improve payment terms, the average waiting time for payment of an invoice for over a year.
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