Commission publishes new financial thresholds for 2020 and 2021

Like clockwork every two years, the Commission has published the new financial thresholds which will be in force for 2020 and 2021. For the most part they are simply slightly revised values based on the changing of value of the euro in relation the IMF’s Special Drawing Rights, with the exception of the light touch regime which remains unaltered as it is not affected by the GPA commitments. The euro values are here and the pounds ones here.