Going through hard times, Bulgaria’s newly elected political parties are still unable to form a government, yet the market is showing positive developments in some sectors, according to Boyanov & Co. Managing Partner Borislav Boyanov.
Poland has been experiencing a boom in its renewable energy sector – with work originating from the auction support system and also from corporate PPA transactions – which is flowing over to other market segments, according to Dentons Partner Christian Schnell.
The energy crisis has led to businesses shutting down for the winter and subsequent employment-related issues, with the Hungarian government now providing energy subsidies, according to KCG Partners Founding Partner Rita Parkanyi.
The Greek market is experiencing an intense period in terms of transactional workload, mainly due to investments coming in through privatizations and concessions, as well as the powerful development of the renewable energy market, according to KLC Law Firm Deputy Managing Partner Theodore Loukopoulos.
With instability and uncertainty both in the political and economic spheres, the Czech Republic is preparing for a new wave of restructuring and insolvency procedures, according to Dentons Partner Jiri Tomola.