Article 1, Paragraph 2., Point (b) · Commission Delegated Regulation (EU) 2021/930

Contents

1. For the purposes of Article 181(1), point (b), or 182(1),…
2. In identifying an economic downturn for a given type of ex…
3. For the purposes of paragraph 2, point (b), the 12-month p…
4. For the purposes of paragraph 2, point (c):

(b)in terms of severity, an economic downturn is indicated by the most severe value relating to a 12-month period (‘the most severe 12-month value’) that is observed, for each economic indicator in the relevant indicator set, over a historical time-span determined for that economic indicator in accordance with Article 3 (‘the applicable time-span’);