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The Ministry of Finance has recently announced officially the opening of a call for submission of applications under the state aid scheme regulated by Government Decision no. GD 807/2014 for financing assets. The period for submitting financing requests is scheduled between 15.06.2022-26.07.2022, when investors may file the relevant documentation.

After the recent alignment of Romanian state aid law with applicable European law, the procedure for granting state aid in Romania has also been updated as follows:

The new changes of the Company law published on the 21st of April, 2022, introduce the “real” convertible loan institute for the limited liability companies in North Macedonia.

One of Ukraine’s legal responses to Russia’s full-scale aggression was a legislative initiative aimed to confiscate the property of the aggressor state. On 3 March, the Ukrainian Parliament put this initiative into practice by adopting the Law of Ukraine “On Basic Principles of Confiscation of Property Held in Ukraine by the Russian Federation and its Residents” (“Law”), and on 10 March, the Law was signed by the President.

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