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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

Propunere legislativă - Legea suveranității alimentare prin infrastructură agroalimentară regională și lanțuri de valorificare corecte, precum și pentru modificarea și completarea unor acte normative, B394/2026, L507/2026

Stadiu: Pe ordinea de zi pentru Raport Comisia pentru Agricultura, 22 septembrie 2026
Initiatori:  Macovei Ilie Simona-Elena - deputat SOS

02

Propunere legislativă pentru modificarea şi completarea Legii nr.185/2016 privind unele măsuri necesare pentru implementarea proiectelor de importanţă naţională în domeniul gazelor naturale, B154/2026, L270/2026, Pl-x 488/2026

Stadiu: Aviz favorabil Comisia Administratie, 22 septembrie 2026
Initiatori:  Bende Sandor, Deputat UDMR; Istvan Lorant Antal, Deputat UDMR

03

Propunere legislativă pentru modificarea și completarea Legii nr.141/2025 privind unele masuri fiscal-bugetare, B442/2026, L451/2026, Pl-x 549/2026

Stadiu: Aviz negativ Comisia Administratie, 22 septembrie 2026
Initiatori:  Plăeșu Laurențiu - senator AUR; Stelea Niculina - senator AUR

04

Directive (EU) 2023/2225 on credit agreements for consumers and repealing Directive 2008/48/EC - COM(2021) 347 final

Stadiu:  Corrigendum, published in OJ L Series , 22 September 2026
Initiatori:  European Commission

05

Noutati privind sanctiunile adoptate de Uniunea Europeana - 21.9.2026

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

06

Propunere legislativă pentru modificarea şi completarea Legii nr.286/2009 privind Codul Penal şi a Legii audiovizualului nr.504/2002, B566/2025, L573/2025, Pl-x 227/2026

Stadiu:  depunere la Secretarul general pentru exercitarea dreptului de sesizare asupra constitutionalitatii legii, 21 septembrie 2026
Initiatori:  Florin Petre Manole, Deputat PSD; Diana Anda Buzoianu, Deputat USR; Gabriela-Corina Ene, deputat PSD

07

Propunere legislativă pentru modificarea art.3 din Legea nr.61/1993 privind alocația de stat pentru copii, republicată, precum și modificarea și completarea art.1081 din Legea învățământului preuniversitar nr.198/2023, B262/2026, Pl-x 484/2026

Stadiu: prezentare în Biroul Permanent al Camerei Deputatilor - Solicitarea Comisiei pentru învăţământ şi a Comisiei pentru muncă de transmitere a propunerii legislative către Senat, în calitate de primă Cameră sesizată, a fost aprobată, 21 septembrie 2026
Initiatori:  Szabó Ödön - deputat UDMR; Kántor Boglárka - deputat UDMR;

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