According to the Lisbon Treaty, the European Union shall establish an economic and monetary union whose currency is the euro (Article 3(4) TEU).
In practice, among the 27 EU member states sixteen form the eurozone, so eleven national currencies still complicate the free movement of goods, persons, services and capital in the internal market.
Threshold values 2010: Eurozone
The new threshold values from 1 January 2010 were set by:
COMMISSION REGULATION (EC) No 1177/2009 of 30 November 2009 amending Directives 2004/17/EC, 2004/18/EC and 2009/81/EC of the European Parliament and of the Council in respect of their application thresholds for the procedures for the award of contracts (Text with EEA relevance), was published in the Official Journal of the European Union (OJEU 1.12.2009 L 314/64).
The new threshold values apply to three public procurement Directives, namely the so called (Public) Procurement Directive, the Utilities Directive and the Defence procurement Directive.
Threshold values 2010: Outside the eurozone
Outside the eurozone, the thresholds have to be set in the eleven remaining national currencies: New Bulgarian lev BGN, Czech koruna CZK, Danish krone DKK, Estonian kroon EEK, Pound sterling GBP, Hungarian forint HUF, Lithuanian litas LTL, Latvian lats LVL, New Polish zloty PLN, New Romanian leu RON and Swedish krona SEK.
The corresponding values in national currencies have been set in the Commission’s Communication:
COMMUNICATION FROM THE COMMISSION Corresponding values of the thresholds of Directives 2004/17/EC, 2004/18/EC and 2009/81/EC of the European Parliament and of the Council (2009/C 292/01), published in the Official Journal of the European Union (OJEU 2.12.2009 C 292/1).
The corresponding values in the national currencies other than euro of the thresholds of Directives 2004/17/EC, 2004/18/EC and 2009/81/EC as last amended by Commission Regulation (EC) No 1177/2009, are given for the following euro amounts in the three procurement Directives:
EUR 80 000
EUR 125 000
EUR 193 000
EUR 387 000
EUR 1 000 000
EUR 4 845 000
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