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The CELIS Blog: Fueling the Conversation on Economic Security. The CELIS Blog is a unique forum for current debates on international investment control and economic security law and practice more broadly. It brings the latest developments and analysis to you. From economic security (law) experts – to economic security (law) experts.
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The Republic of Cyprus’ 2025 FDIS Bill is out and … it is robust!
By Pantelis Christofides and Dr. Thomas Papadopoulos, CELIS Fellows and Country Reporters for the Republic of Cyprus The Republic of Cyprus' Ministry of Finance has submitted on 10th July 2025 before the Plenary of the House of Representatives[1] the long awaited new FDIS Bill[2], with the title of 'the Establishment of Framework for the Foreign Direct Investment Screening Law of ...
Continue reading Assembly of Albania Introduces the Concept of Investment Screening in Amendment to Foreign Investment Law
By Elvis Zerva On July 3, 2025, the Assembly of Albania adopted an amendment to Law No. 7764, dated November 2, 1993, "On Foreign Investments", introducing, for the first time, a mandatory screening regime for foreign direct investments (FDIs). The amendment (Law 56/2025) is now published in the Official Gazzette no. 124 date 11.07.2025. The amendment authorizes the Government of Albania ...
Continue reading Towards The End Of Russian Oil And Gas In Europe?
By Edouard Gergondet Introduction Since Russia's oil and gas industry is estimated to represent up to 50% of its total federal budget revenues and around 20% of its GDP, it is not surprising that, in an effort to curtail these revenues, the European Union ("EU") introduced numerous measures to target this sector, as part of the successive waves of sanctions ...
Continue reading CELIS Update on Investment Screening and Economic Security – June 2025
by Helene Schramm with the help of intern Parth Aggarwal INVESTMENT SCREENING MECHANISMS European Union - Commencement of trilogue discussions on the revision of the EU FDI screening regulation In January 2025, the European Commission unveiled a proposal to overhaul the EU’s Foreign Direct Investment (FDI) screening regulation (Regulation 2019/452), aiming to strengthen the Union’s ability to identify ...
Continue reading Regulating the Final Frontier: Why the EU Space Act Matters
Regulating the Final Frontier: Why the EU Space Act Matters By Thao Pham & Francesco Casaril Introduction After years of political inertia and many wake-up calls, the EU Space Act was finally unveiled on 25 June 2025 ('the Act'). For those of us who have been closely following the space industry, this is a long-awaited moment. Europe has been watching the ...
Continue reading Blocked Deals and State Buy-ins: Legal Consequences and Policy Challenges in Hungary’s FDI Screening Regime
By Bálint Kovács* On 23 June 2025, Hungary introduced two substantial changes to its foreign direct investment (FDI) screening legislation.[1] These amendments entered into force the next day following their publication, with direct implications for both future filings and pending screening procedures. The primary objectives of the reform are twofold: first, to extend the deadline for the screening authority; and ...
Continue reading Introducing: The CELIS Non-Papers on Economic Security
Authors: Liam McGrath and Simon Shargi-Erdmosa (CELIS Institute). We are excited to announce the CELIS Non-Papers on Economic Security, an occasional paper series from the CELIS Institute offering expert analysis and insights at the intersection of economic security, open markets, and competitiveness. The series is intended to cut through the noise of periodic commentary and complement jurisdiction-specific reporting by offering ...
Continue reading Republic of Cyprus’ New FDIS Bill unveiled: further details
By Pantelis Christofides and Dr. Thomas Papadopoulos, CELIS Fellows and Country Reporters for the Republic of Cyprus Following yesterday's blogpost, and as reported by Politis newspaper today, the new FDIS Bill approved by the Republic of Cyprus' Council of Ministers on 2nd July 2025, will include, amongst others, the following provisions: a minimum mandatory FDIS notification threshold of €2.000.000 is ...
Continue reading A New Cyprus Foreign Direct Investment Screening Legislative Bill Incoming
By Pantelis Christofides and Dr. Thomas Papadopoulos, CELIS Fellows and Country Reporters for the Republic of Cyprus His Excellency the President of the Republic of Cyprus, Mr. Nikos Christodoulides, during his opening address at the Council of Ministers' Session held on 2 July 2025,[1] made several comments, some of which concerned the new legislative bill on Foreign Direct Investment Screening ...
Continue reading Introducing: The Foreign (Direct) Investment Screening Regulation – A blog series on the revision of FDI Screening Regulation 2019/452
Authors: Lena Hornkohl (University of Vienna)[1], Andrew Hill (AmCham EU, Brussels), Floor Doppen (University of Antwerp). After years of preparations and negotiations, the European Commission, Council, and Parliament convened on Tuesday, 17 June 2026, in Strasbourg to hold the inaugural trilateral talks on the revision of the EU's Foreign Direct Investment (FDI) screening framework (Regulation 2019/452) - the new Foreign ...
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The CELIS Blog always welcomes posts from economic security professionals that address current issues in international investment screening and economic security law and practice. Would you like to contribute to the Blog? Please contact our editors: blog@celis.institute
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