Abstract

The focus of this article is to bring to light what exactly is the technique of the default interest. What precisely does this entails to, can we have a conventional default interest rate, as well as a legal one? What is the distinction between the two rates, and moreover, can we talk about an abuse of power when it comes to establishing the rate? The heart of the article lies in the analysis of the legal provisions in the matter which will help us answer the above mentioned questions. How to cite: Sibneschi, D-N. (2016). Default interest procedure. The particulars of the default interest rate. European Journal of Law and Public Administration, 3(2), 59-67. DOI: http://dx.doi.org/10.18662/eljpa.2016.0302.07

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