Diario Oficial de la Unión Europea del 9/11/2022 - Comunicaciones e Informaciones

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Source: Diario Oficial de la Unión Europea - Comunicaciones e Informaciones

9.11.2022

EN

Official Journal of the European Union
C 426/1

II
Information
INFORMATION FROM EUROPEAN UNION INSTITUTIONS, BODIES, OFFICES
AND AGENCIES

EUROPEAN COMMISSION
COMMUNICATION FROM THE COMMISSION
Temporary Crisis Framework for State Aid measures to support the economy following the aggression against Ukraine by Russia 2022/C 426/01

1.

AGGRESSION AGAINST UKRAINE BY RUSSIA, ITS EFFECT ON THE EU ECONOMY AND THE NEED
FOR TEMPORARY STATE AID SUPPORT MEASURES

1

On 22 February 2022, Russia illegally recognised the non-government controlled areas of Donetsk and Luhansk regions in Ukraine as independent entities. On 24 February 2022, Russia launched an unprovoked and unjustified military aggression against Ukraine. The European Union EU and international partners immediately reacted to the serious violation of the territorial integrity, sovereignty and independence of Ukraine by imposing restrictive measures sanctions. Sanctions were also imposed against Belarus, due to its role in facilitating Russias military aggression. Further measures have been adopted over the following weeks and others might be adopted as the situation evolves. Russia decided to take certain restrictive economic counter measures 1 of its own.

2

The Russian military aggression against Ukraine, the sanctions imposed and the counter measures taken, for example by Russia, will have economic repercussions on the entire internal market. Undertakings in the EU may be affected in multiple ways, both directly and indirectly. This may take the form of shrinking demand, interruption of existing contracts and projects, with the consequent loss of turn-over, disruptions in supply chains, in particular of raw materials and pre-products, or other inputs no longer being available or not being economically affordable.

3

The Russian military aggression against Ukraine has resulted in a disruption of supply chains for EU imports from Ukraine for certain products, especially cereals and vegetable oils, as well as for EU exports to Ukraine. The energy market has been significantly impacted with increases in electricity and gas prices in the EU. The likelihood of a military aggression by Russia against Ukraine had already had effects on the energy market in the weeks preceding the physical aggression. High energy prices impact several economic sectors, including some of those particularly hit by the COVID-19 pandemic, like transport and tourism. The impact has also been felt on financial markets, in particular with concerns for liquidity and market volatility in commodity trade. The military aggression against Ukraine by Russia has also led to a major displacement of Ukrainian citizens both internally and in neighbouring countries, with a unprecedented inflow into the EU of refugees, with major humanitarian and economic consequences.

1 For example, on 6 March 2022, the Government of the Russian Federation adopted Decree no 299 Amendment of paragraph 2 of the methodology for determining the amount of compensation to be paid to the patentee when deciding on the use of the invention, utility model, the decision on the use of the invention, without his consent, and the procedure for its payment. This amendment foresees no compensation for the use of an invention, utility model or industrial design of the patent holders from foreign States which commit unfriendly acts.

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Diario Oficial de la Unión Europea del 9/11/2022 - Comunicaciones e Informaciones

TitleDiario Oficial de la Unión Europea - Comunicaciones e Informaciones

CountryBelgium

Date09/11/2022

Page count54

Edition count9939

First edition03/01/1986

Last issue29/09/2023

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