Article 1, Paragraph 2., Point (c) · 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):

(c)an economic downturn is comprised of one or more distinct downturn periods covering the peaks and troughs related to the most-severe 12-month values for the economic indicators in the relevant indicator set, each such period being of a duration determined in accordance with Article 4 (‘the duration of a downturn period’).