The European Commission has issued a release announcing the adoption of a Temporary Crisis Framework on 23 March 2022 to support the economy in the context of Russia's invasion of Ukraine, which will be in place until 31 December 2022. The new framework will enable Member States to (i) grant limited amounts of aid to companies affected by the current crisis or by the related sanctions and countersanctions; (ii) ensure that sufficient liquidity remains available to businesses; and (iii) compe…