Thursday, May 2, 2024

All actions: Can beneficiaries with general accounts in currencies other than the Euro use a different rate from the reported on the ECB website average daily exchange rate calculated over the corresponding reporting period?

The Horizon Europe Unit Model Grant Agreement does not specify the applicable exchange rate, however, the MSCA Financial Guide specifies it on p. 23. Therefore, there is no flexibility concerning the applicable exchange rate and the instructions provided in the Financial Guide should be followed - amounts must be converted into Euro at the average of the daily exchange rates published over the corresponding reporting period, as reported on the ECB website.

No comments:

Post a Comment