Directive 2011/7/ of the European Parliament and of the Council of 16 February 2011. on counteraction to delays of payments in business”, created by the team of authors, is an important and relevant document that highlights the key aspects of regulating financial relations in business. This work not only serves as a practical guide for entrepreneurs and lawyers, but is also a valuable source of information for students, researchers and anyone interested in economics and law. In the context of globalization and the rapid development of commercial relations, delays in payments are becoming an increasingly common problem. This directive, adopted by the European Parliament and the Council, aims to create a fairer and more transparent business environment where all market participants can count on timely settlements. The book analyzes in detail the main provisions of the directive, including the terms of payments, the rights and obligations of the parties, as well as mechanisms for protecting the interests of creditors . Readers will be able to learn about how the directive affects small and medium-sized businesses, as well as large corporations, and what changes in legislation may occur in the near future. This book will be interesting to a wide range of readers .. It is suitable for both professional lawyers working in the field of commercial law and business owners seeking to improve their financial processes. Students of economics and law faculties will also find in it useful materials for studying topical issues related to payment delays and their consequences for business. In addition, the book may be useful for government officials and professionals involved in the development and implementation of economic policy. The topics raised in the book concern not only legal aspects, but also social, economic and ethical issues. The authors emphasize the importance of compliance with contractual obligations and responsibilities of the parties, as well as the need to create mechanisms that contribute to improving financial discipline. Readers will be able to see how delays in payments affect the economy as a whole, and why it is important to find a balance between the interests of creditors and debtors. The style of the authors is distinguished by clarity and accessibility, which makes complex legal terms and concepts understandable to a wide audience. The book is written taking into account modern realities and practical examples, which allows readers to better understand how the directive is applied in practice. The team of authors includes experts in the field of law and economics, which adds additional value to the material. If you are looking for information on how to improve financial relations in your business, or want to understand the intricacies of European legislation, this book will become an indispensable assistant. It can also attract the attention of those who are interested in legal protection of business and want to be aware of the latest changes in legislation. Directive 2011/7/ of the European Parliament and of the Council of 16 February 2011. on counteraction to delays of payments in commercial” is not just a collection of legal norms, but an in-depth analysis of the problem that affects each of us. Read, study and apply the knowledge gained in practice, so that your business thrives in the modern market.