This list summarizes ten important issues regarding the energy market in Ukraine in the forthcoming years (there will be a shift from a centralized electricity trading module to a more competitive electricity trading regime). These issues will affect each and every business in Ukraine, especially power generating companies, electricity suppliers (including importers and exporters) and electricity consumers. Liberalization of the electricity market in Ukraine has been a long-awaited measure for Ukraine and is seen as a solid step towards relevant EU standards that should bring, among others, enhancement of energy security and overall conditions for new investments.
After more than fifty years, Civil Law in Hungary will be completely rewritten by the New Civil Code that will come into effect this year on the 15th of March. Several areas of law that have formerly been regulated in separate acts will now be incorporated into the new Code. These areas of law include family law, company law, as well as the law regarding civic organizations. Critics say that the new law sacrifices too much for dogmatic integrity and disassembles the unity of corporate law by extending current provisions for companies to all legal entities which will result, in many cases, in incomplete, inconsequent or redundant regulation. On the other hand, the concept of the new law is to provide more freedom to contracting parties. The present article seeks to summarize the ten most important matters that will have the largest influence on businesses.
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