The European Commission adopted on Wednesday 23 March the Temporary Crisis Framework to allow Member States to use the flexibility provided by the State aid rules to support the economy in the context of the Russian invasion of Ukraine (see EUROPE B12916A6).
Margrethe Vestager, Executive Vice-President in charge of Competition Policy said: “We need to mitigate the economic impact of this war and to support severely impacted companies and sectors. And we need to act in a coordinated...