It is a busy time of the year in Romania, according to Bancila, Diaconu si Asociatii Managing Partner Radu Diaconu, with interesting reports of regulatory updates on the ESG, tax, and companies front.

In Slovenia, everything revolves around energy, according to Rojs Peljhan Prelesnik & Partners Managing Partner Robert Prelesnik, with the government capping energy prices for large companies, beefing up subsidies, and considering capital injections for major energy players.

December will be a turbulent month in terms of legislation in Croatia, according to Miskovic & Miskovic Partner Iva Miskovic, as the parliament is addressing considerable changes in the fields of labor and trade law, while the transition to the euro enters into force on January 1.

Immigration from war-afflicted areas, issues with the national energy company, and contentious lithium extraction operations are keeping people talking in Serbia, according to Andrejic & Partners Managing Partner Aleksandar Andrejic.

Austria's lawyers are keeping busy these days, with work primarily driven by an active M&A market, restructuring, litigation, and regulatory changes, while those changes are putting increasing pressure on small businesses, according to Act Legal Partner Roman Hager.

The latest legislative amendments on private international law and property ownership are promising for foreign investors, while Kosovo’s renewable energy investments are on the rise, according to Vokshi & Lata Senior Partner Adem Vokshi.

Turkey's high inflation stirs real estate disputes while logistics tenants and labor-intensive sectors are deeply affected, according to Ebru Temizer, Partner of Kinstellar Turkish affiliate Gen Temizer Ozer.

A strong end to 2022, embodied by high levels of real estate transactions and M&A work – despite a legislative downturn and no government – is the buzz in Latvia, according to BDO Law Managing Partner Vita Liberte.

Strong M&A transaction volumes, rising investor interest in the renewables sector, and a flood of work relating to the immigration waves from Ukraine and Russia are the headlines for Serbia, according to Bojovic, Draskovic, Popovic & Partners Senior Associate Milica Pesteric.

A governmental crisis with a country-wide impact is preventing Montenegro from moving forward at a pace, both in terms of legislation and investments, according to Prelevic Law Firm Senior Lawyer Marko Ivkovic.

Parliamentary problems, governmental grievances, and ebbing economic sectors – aside from the consequences of the current state of global affairs – have been the talk of the town in Slovakia, according to AKMCL Partner Martin Jurecko.

Under the "heavy influence" of the current autocratic regime, Hungary might seem stable but Forgo, Damjanovic & Partners Managing Partner Gabor Damjanovic wonders if the country is prepared to tackle the challenges of the wider economic context.

With large energy and infrastructure projects under development in Bosnia and Herzegovina, local legal professionals are facing an uphill battle against the double standards in their industry, according to Sajic Law Firm Senior Partner Natasa Krejic.

The War in Ukraine left no market sectors unaffected and, according to Ilyashev & Partners Managing Partner Mikhail Ilyashev, things were no different for lawyers.

While Lithuania is registering an overall slowdown in M&A transactions, the renewables, technology, and healthcare sectors remain dynamic, according to Ellex Partner Ruta Armone.

Estonia’s real estate experiences a slight slowdown and layoffs are on the radar for some sectors, but others remain active, with a promising prognosis for the next year’s small economic growth of 0,7% according to the European Commission, explains Pohla & Hallmagi Partner Juri Ploom.

The increasing US-based investor interest in Austrian tech start-ups – despite the hard times and a certain lack of governmental decisiveness – is creating a buzz in the country, according to DLA Piper Austria Managing Partner Christoph Mager.

Arbitration is growing in popularity in Kosovo and notable legislative updates are now in place, including the one establishing the Commercial Court, according to Boga & Associates Partner Sokol Elmazaj.