The EU Commission adopts a second amendment to the Temporary Crisis Framework to support businesses affected by Russia’s actions in Ukraine and the unfolding energy crisis

On 28 October 2022, the European Commission adopted the second amendment to its State Aid Temporary Crisis Framework to support businesses affected by Russia's actions in Ukraine and the unfolding energy crisis White & Case provides an overview of the key amendments. The Temporary Crisis Framework ("TCF") was initially adopted on 23 March 2022 and amended on 20 July 2022 to support companies suffering from the consequences of Russia's actions in Ukraine. On 28 October 2022, the Commission adopted the second amendment to the TCF significantly expanding the scope of the possible State aid measures and providing Member States with more flexibility to support the companies weather the unfolding crisis. What are the key amendments in the TCF? The validity of the TCF has been

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Christoph Arhold, Mark D. Powell, Genevra Forwood, Irina Trichkovska, The EU Commission adopts a second amendment to the Temporary Crisis Framework to support businesses affected by Russia’s actions in Ukraine and the unfolding energy crisis, 28 October 2022, e-Competitions November 2022 - II, Art. N° 109406

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