Austria maintains flexibility in relation to the awarding of minor value contracts
Just in time: In May 2023, the Austrian Threshold Regulation1 was once again extended just before it was due to expire, this time until 31 December 2023.
Implementation of the EU Whistleblowing Directive in Hungary
On 25 May 2022, after much back and forth, the Hungarian Parliament passed the new Whistleblowing Act (Act XXV of 2023; “Whistleblowing Act”), which transposes into national law the EU Whistleblowing Directive [Directive (EU) 2019/1937, the “Directive”].
Romania – Further amendments to Romanian legislation on foreign direct investments
On 15 May 2023, the Parliament adopted Law No. 164/2023 approving Government Emergency Ordinance No. 46/2022 on measures implementing 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. Law No. 164/2023 (Law 164/2023) entered into force on 10 June 2023.