Simplification of Debt Collection in the EU

Following the venerable principle that e justice delayed is justice deniede !, the European Council has called for e further reduction of the intermediate measures which are still required to enable the recognition and enforcement of a decision or judgmente !, and the Commission has also emphasised that the traditional exequatur required to enforce debt collection is an obstacle to the free circulation of judgments, entails unnecessary costs and delays for the parties, and discourages companies and citizens. However, even EU law cannot break the classic division between trial in the Member State of origin and enforcement in the Member State of enforcement. Efficiency of enforcement remains a national matter.