On 14 September 2022 the European Commission ("EC") published a proposal for a Regulation on an emergency intervention to address high energy prices ("Emergency Intervention Regulation" or "EIR"). The EIR requires EU Member states to implement three different measures: (i) Reduction in demand for electricity, (ii) Capping market revenues for the generation of electricity from inframarginal technologies (renewables, nuclear and lignite), and (iii) Collection of a monetary solidarity contribution from the fossil fuel industry. The EC says that the intervention measures can be based on Art 122 of the Treaty of the Functioning of the European Union ("TFEU") which establishes a competence for crisis intervention in the energy sector. However, it is questionable if the EC's view is going to withstand a judicial review since Art 122 TFEU has a very limited scope of application and some of the proposed intervention measures appear to go far beyond that scope.

Norton Rose Fulbright Turkish affiliate Pekin Bayar Mizrahi has advised Res Participations and Res Anatolia Holding on the sale of Galatya Enerji Uretim to Berges Elektrik Uretim.

Former TEB Cetelem Head of Legal Ayca Aydin Suzer has joined Fiba Yenilenebilir Enerji Holding as its Legal Director.

Lambadarios has advised the Hellenic Republic Asset Development Fund and Hellenic Petroleum on the sale of Depa Infrastructure to Italgas for EUR 733 million.

On 16 August 2022, a government decree was published amending certain construction, heritage protection, property management and government administration rules.

Following the recent addition of Roxana Dudau in Romania (reported by CEE Legal Matters on September 6, 2022), Wolf Theis has announced it hired Tomasz Siembida in Poland as a Partner, and the further promotion of Austria-based Nikolaus Loudon and Venus Valentina Wong, Poland-based Konrad Kosicki, and Slovenia-based Teja Balazic Jerovsek to Partners.