In Hungary, foreign currency-based loan contracts became popular in 2006, as they were available at significantly lower interest rates than their forint-based counterparts. However, during the 2008 financial crisis in Hungary, debtors who had previously signed a foreign currency loan contract (most typical case was the Swiss franc loan), found themselves in an extremely difficult situation, due to exchange rate fluctuations and the crisis. Many families' repayments have tripled, leading to mass foreclosures.

Zepos & Yannopoulos has advised the entities managed by Bracebridge Capital on the securitization of the Frontier III portfolio, a EUR 700 million non-performing loan portfolio originated by the National Bank of Greece.

Dentons has advised Helaba Landesbank Hessen-Thueringen and PBB Deutsche Pfandbriefbank on the five-year extension of a EUR 100 million financing facility originally granted in 2018 to Globalworth. Greenberg Traurig advised Globalworth.

Norton Rose Fulbright, its Turkish affiliate law firm Pekin Bayar Mizrahi, Kinstellar, and Havel & Partners have advised Benefit Systems on a PLN 1.775 billion (approximately EUR 414 million) financing package extended by Santander Bank Polska and Bank Gospodarstwa Krajowego to support the full acquisition of Mars Spor Kulubu ve Tesisleri Isletmeciligi. A&O Sherman reportedly advised the lenders.

Clifford Chance has advised Banca Comerciala Romana on the EUR 18.5 million financing agreement to support Alerion Clean Power's development of a 34.69-megawatt solar power plant in Calarasi County, Romania. 

Zepos & Yannopoulos has advised Piraeus Bank, as the coordinator, account bank, and bondholder agent, as well as Eurobank and Attica Bank on the EUR 155 million financing of Intertrade’s investment plan.