Antitrust Antitrust

Ukraine war triggers move to loosen EU aid rules to help struggling companies

By Nicholas Hirst , Tono Gil and Lewis Crofts
  • 10 Mar 2022 14:04
  • 10 Mar 2022 14:04
European companies wrestling with soaring energy prices or liquidity crunches because of Russia’s invasion of Ukraine could benefit from state aid, under draft rules published by the EU’s state aid regulator today.

The draft initiative would allow firms in need of liquidity to benefit from loans and guarantees, while companies suffering “exceptionally high”

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Nicholas Hirst

Chief Correspondent


Nicholas covers EU merger review and antitrust investigations for Mlex in Brussels. He previously wrote about EU affairs for Politico Europe, European Voice and PaRR. After earning an LLM in European law from the College of Europe in Bruges, he spent a year working in the competition practice of a leading competition law firm in Brussels 2009-10. He graduated in modern European languages from Oxford University in 2006.

Tono Gil

Regulatory Reporter


Tono is a competition reporter for MLex in Brussels. Prior to joining MLex, he worked as a trainee in the European Parliament and as a correspondent in Valencia and Buenos Aires for the Spanish news agency EFE. Tono holds a degree in Journalism from the University of Valencia and a master in Transmedia Journalism.

Lewis Crofts

Editor-In-Chief


Lewis leads MLex's editorial strategy, content direction, quality and development. He has a reputation for breaking stories and providing analysis on complex legal disputes before regulators and courts around the globe. He has also developed MLex's unrivalled coverage of competition policy, litigation, regulation, Brexit and international investigations.

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