EU Debt | By way of Legislative Decree no. 152 of 26th October 2020 (the “Decree“)[1] – entered into force on 1st December 2020 – the Government ordered the adjustment of national legislation to the provisions of Regulation (EU) no. 655/2014 (the “Regulation“)[2], which introduced the European Account Preservation Order (the “EAPO“). The EAPO is a new legal instrument harmonised at European level, aimed at allowing and facilitating cross-border debt recovery in civil and commercial matters. The Regulation provides a new uniform procedure for all Member States to enable a creditor domiciled in a Member State to freeze funds kept by its debtor in a bank account held in a different Member State in an efficient and speedy way and without prior notice to the debtor. The EAPO serves as an additional and optional means for creditors, who remains free to make use of any other procedure providing for equivalent measures under national laws.