Aside from Croatia entering the Euro and Schengen zones, there have been numerous other legislative updates of note – primarily in the spheres of labor and land rights – according to Miroslav Plascar, Co-Managing Partner of Zuric i Partneri in cooperation with Kinstellar.
The Czech Republic is looking at a promising start to the year, after somewhat of a market slowdown towards the end of 2022, with no dark clouds on the horizon just yet, according to Schoenherr Partner Vladimir Cizek.
Poland is experiencing a lot of regulatory and legislative changes, primarily driven by (new) EU directives. The energy, commercial, employment, and consumer protection sectors are all in flux, according to Cezary Zelaznicki, PwC Legal Poland Managing Partner and PwC EMEA Legal Business Solutions Leader.
The global economic downturn has hit Hungary much like the rest of the region but the country may be on its way to a quick recovery on the wings of diverse and dispersed investor interest, according to BLS-CEE Hungary Partner Erzsebet Szalay.
Despite the constitutional crisis in Montenegro, there is still a steady inflow of diverse foreign direct investments, and the country's GDP is expected to increase, yet Harrisons Head of Montenegro Milan Keker remains cautious.