DEFAULT INTEREST PROCEDURE. THE PARTICULARS OF THE DEFAULT INTEREST RATE

Authors

  • Denisa Nina SIBNESCHI Grad school student - European Law, Stefan cel Mare University of Suceava

DOI:

https://doi.org/10.18662/eljpa/2016.0302.07

Keywords:

Default interest, default interest rate, conventional interest rate, interest procedure.

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.

References

Dumitru M., Legal regime of default interest, Publishing House, Universul Juridic, Bucharest 2010.

Enache E.M., Reductibility of the Criminal Clause, published 12.05.2012 on www.juridice.ro.

Ludusan F., Criminal clause in the new Civil Code, Universul Juridic Publishing House, Bucharest, 2014.

Mateescu A. M., The legal interest rate for monetary obligations, O.G.13/2011 commented, Hamangiu Publishing House, Bucharest, 2012.

Pascariu Liana-Teodora, Aspects regarding making public services through administrative contracts, European Journal of Law and Public Administration), 1/2015.

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Published

2016-08-30

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. https://doi.org/10.18662/eljpa/2016.0302.07

Section

Articles

License

Copyright (c) 2016 Denisa Nina SIBNESCHI

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