The European Union has published an overview of the various sanctions relating to Russia and Belarus. A webpage has also been set up where information about the sanctions can be found and ways in which they can be mitigated by European companies.

The web page with this information can be found at the European Commission. Furthermore, VNO/NCW reports that the European Commission is working on a temporary crisis framework for state aid. This should be able to provide companies with additional support for, among other things, the high energy prices. The following appears from an initial leaked version:

  • Temporary liquidity support for all companies affected by the current crisis. This support can take the form of guarantees and subsidized loans.
  • Support for additional costs due to exceptionally high gas and electricity prices. This support can be provided in any form, including limited subsidies, to partially compensate companies, in particular intensive energy consumers, for increases in energy prices. This would involve amounts of EUR 2 million and EUR 25 million for energy-intensive companies.

You can also find more information at the RVO. They have a sanctions desk establishedThis can now also be reached by telephone on 088 042 43 40.

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