By Foo Yun Chee BRUSSELS (Reuters) – The European Union is considering loosening state aid rules for companies affected by EU sanctions against Russia over Ukraine and the bloc’s competition regulators are looking at various support measures, the European Commission said on Monday. The EU executive set a precedent two years ago by relaxing some state aid rules for businesses hit by the coronavirus pandemic, allowing individual member states to pump billions of euros into their companies. “The Commission is closely monitoring the situation and is ready to use the full flexibility of its state a…