The European Commission wants to increase state aid granted to EU companies affected by the sanctions levied against Russia due to its invasion of Ukraine and is seeking feedback from EU countries before a final decision.

"As the crisis persists, we are also proposing to increase the maximum level of aid that can be granted under the Framework," European Commission antitrust chief Magrethe Vestager said in a statement.

"We will decide on the way forward taking into account the views of all Member States and the need to preserve effective competition in the Single Market," Vestager said.

The proposal sent to the 27 member states also takes into consideration the EU goal of becoming independent from fossil fuels and the need for additional measures to further accelerate the diversification of energy supplies.

It includes consideration of the need for additional measures, facilitating investments in renewable energy, including renewable hydrogen, biogas and biomethane, storage and renewable heat, including through heat pumps, in line with the REPowerEU Plan.

Currently the rule allow for the provision of limited amounts of aid, in any form, of up to €35,000 for companies affected by the crisis active in the agriculture, fisheries and aquaculture sectors.

€400,000 can be given to companies affected by the crisis in all other sectors.

Aid is also possible to compensate for high energy prices, with the overall aid per beneficiary not exceeding 30% of the eligible costs, up to a maximum of €2 million at any given point in time.

If a company has operating losses, additional aid can be provided to ensure the continuation of an economic activity.

For energy-intensive users whose aid intensities are higher, member states can grant aid exceeding these ceilings, up to €25 million, and for companies active in particularly affected sectors and sub-sectors up to €50 million.