The end of July brings much-anticipated news, as the FDI Guidelines were published on 30 July and have now entered into force. We previously examined the draft Guidelines proposed by the authority back in February (see here) and are now analysing the changes introduced by lawmakers in the final version that are particularly relevant for practitioners.

On 11 July 2025, Governmental Decision 437/2025 ("GD 437/2025") was published and entered into force. Through this piece of secondary legislation, the Moldovan Government has approved new rules governing the procedure for the prior examination and approval of investments of importance to state security. GD 437/2025 is intended to supplement the provisions of the recently updated FDI Law. But will this actually make things easier for existing and future investors?

360Competition has advised Therme Group on Romanian merger control and foreign direct investment screening clearances for its EUR 1 billion joint venture with CVC Capital Partners.

Serbia’s competition landscape has been relatively quiet on the surface for the last year and a half. However, the pressure is mounting, and major developments may be around the corner. Enforcement has slowed down, but the Commission for Protection of Competition (Commission) seems to be preparing the ground for a new wave of enforcement activity across key sectors.

In The Debrief, our Practice Leaders across CEE share updates on recent and upcoming legislation, consider the impact of recent court decisions, showcase landmark projects, and keep our readers apprised of the latest developments impacting their respective practice areas.

The long-awaited Bulgarian foreign direct investment (FDI) screening regime is now fully operational.