INSIGHTS

BY GRAYLING

Grayling CEE Outlook 2026

As every year, we have prepared Grayling’s CEE Outlook report, outlining the key political, economic and regulatory developments businesses should be aware of in the year ahead. In this edition, our Public Affairs teams highlight the policy, regulatory and geopolitical shifts most likely to shape the operating environment in 2026 in Central and Eastern Europe. The region continues to adjust to a shifting geopolitical and economic landscape. Governments across CEE are balancing fiscal consolidation with rising defence spending, while navigating ongoing uncertainty shaped by Russia’s continued war against Ukraine, a more transactional United States, and visible strains within the European Union. Together, these factors point to a period of gradual strategic recalibration. If you would like a more in-depth discussion tailored to specific industries or markets, please do not hesitate to contact us. We also encourage you to share the CEE Outlook with colleagues who may find it useful for their strategic planning.

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LEGAL BRIEFS

BY TUCA ZBARCEA & ASOCIATII

Competition Law - Amendments to the investment screening regime in Romania

Government Emergency Ordinance No. 17 of 12 March 2026 (“GEO No. 17/2026”) was published in the Official Gazette No. 199 on 13 March 2026. It amends and supplements several legislative acts, including: (i) Government Emergency Ordinance No. 46/2022 on measures to implement Regulation (EU) 2019/452 of the European Parliament and of the Council of 19 March 2019 establishing a framework for the screening of foreign direct investments into the Union, and amending and supplementing Competition Law No. 21/1996 (“GEO No. 46/2022”); and (ii) Competition Law No. 21/1996 (the “Competition Law”). Relevant highlights: • The examination fee is reduced from EUR 10,000 to EUR 5,000; • Increased materiality threshold triggering the notification obligation under GEO No. 46/2022; • Single notification procedure for multiple transactions between the same parties within one year; • Aggregation of interdependent transactions carried out over the course of a year which, individually, fall below the threshold of EUR 5,000,000 and notification of such transactions once the materiality threshold is exceeded; • Conditional exemptions from the notification obligation for certain internal restructurings or reorganisations; • Amendment of GEO…

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Regulatory Radar

01

Noutati economie digitala - Daily Digest 22.04.2026

Stadiu: -  
Initiatori:  EUROSTAT, Wuropean Commission, ECB

02

Noutati privind sanctiunile adoptate de Uniunea Europeana - 22.4.2026

Stadiu: -
Initiatori:  ASF, EU's Official Journal, European Council

03

Noutati sanatate - Daily Digest - 22.04.2026

Stadiu: -
Initiatori:  Ministerul Sanatatii

04

Health Checks for Cardiovascular diseases

Stadiu: Call for evidence. Feedback period: 21 April 2026 - 19 May 2026  
Initiatori:  European Commission

05

Commission Delegated Regulation (EU) 2026/296 supplementing Regulation (EU) 2024/1781 by setting out derogations from the prohibition of destruction of unsold consumer products

Stadiu: published in OJ L series, 22 April 2026
Initiatori:  European Commission

06

Draft delegated regulation amending Regulation (EU) 575/2013 - temporary targeted operational relief measures and targeted multipliers for the calculation of an institutions’ own funds requirements for market risk

Stadiu: Draft act. Feedback period 21 April 2026 - 19 May 2026
Initiatori:  European Commission

07

Proiect de Lege pentru aprobarea OUG 119/2024 -Planul național social pentru climă, B523/2024, L533/2024, Pl-x 637/2024

Stadiu: adoptat in plenul Camerei Deputatilor, 22 aprilie 2026
Initiatori:  MIPE

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