The Environmental Impact Assessment Regulation ["Regulation"], repealing the previous regulation dated 2014,  entered into force upon its publication in the Official Gazette no. 31907 dated 29 July 2022. The new Regulation introduces significant updates within the framework of the "Green Development Goals".

Former Noerr Associate Partner in Romania Anca Mihailescu has left the firm and founded Mihailescu Legal.

Norton Rose Fulbright has advised the National Bank of Greece on EUR 450 million financing of floating storage and regasification terminal off the coast of Alexandroupolis. Bernitsas Law advised Gastrade.

Historically, Ukraine has been known as a country with a good investment climate, particularly in the energy sector. The country’s high feed-in tariff rates, general digitalization, well-established and simplified regulatory procedures, and the availability of alternative suppliers for works and services, among other factors, have contributed to a large influx of investors in new green energy projects in Ukraine.

The Hungarian government has introduced an extra tax of 65% on particular turnover of energy producers from renewable sources.

The Turkish electricity market has been under a liberalization process since 2001. Specific steps had been taken during the 1980s, 1990s, and 2000s but the main amendment to the legal framework for the creation of a competitive electricity market was the enactment of the Electricity Market Act No. 4628, which was brought into force in 2001. As a result, the integrated structure of the electricity market was to be unbundled, following the privatization of distribution activity in accordance with a specific timetable.