Karanovic & Nikolic
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The Serbian government has taken the first steps of implementing a new court system with the passing of a new law on seats, jurisdictions of courts and public prosecution offices.
Several legal novelties have come into force in Croatia. The most important is the new law on oil and the oil derivatives market.
The inaugural meeting of the Council for State Aid in BiH (the ‘council’), a body formed thanks to the Law on State Aid in Bosnia and Herzegovina (the ‘law’), was held at the end of last year.
While 2012 was marked by parliamentary elections and the formation of the new government in July, the financial markets in Serbia seem likely to offer investors some very interesting opportunities in 2013.