Traduction de «défaut de paiement partiel » (Français → Anglais) :

selective default | SD [Abbr.]

distress for rent

loan default

Claim for Progress Payment

cross-default clause

dishonour

Must the concept of fraud governed by Article 1 of the PFI Convention be interpreted as encompassing cases of failure to pay or of partial or late payment of VAT and, consequently, does Article 2 of that Convention require the Member State to punish with a term of imprisonment failure to pay or partial or late payment of VAT in relation to sums in excess of EUR 50 000?

If the answer is in the negative, it will be necessary to determine whether the rule under Article 325 TFEU, which requires the Member States to provide penalties, including criminal penalties, which are dissuasive, proportionate and effective, must be interpreted as precluding national legislation which exempts from criminal and administrative liability the directors and legal representatives of legal persons, or the persons to whom the functions of those legal persons are delegated and persons who are accessories to the offence, for failure to pay or partial or late payment of VAT in relation to sums equivalent to three or five times t ...[+++]he minimum threshold laid down in case of fraud, that is to say, EUR 50 000.

Mr. Cogliati can correct me if I'm wrong, but one of the things it's important to realize with the default rate is that when a student is said to be in default, it means he or she missed a payment for a period of over 90 days.

The voluntary participation of private creditors - of which we previously aware that this would be considered as "selective default", and therefore cannot be considered as a surprise - is unique, unprecedented and restricted to Greece.