FDI SCREENING AND ITS ROLE IN PREVENTING HYBRID THREATS. CASE STUDY – ROMANIA

Abstract

Since 2019, the EU has stepped up the adoption of measures to protect the internal market and the economies of the member states from security and public order risks. Thus, Regulation (EU) 2019/452 of the European Parliament and of the Council of 19 March 2019 establishing a framework for examining foreign direct investments (FDI) in the Union was adopted. Combating hybrid threats has become, in 2020, a strategic priority at EU level. This article analyzes the legal framework and the changes made in the context of the proposed revision of Regulation 2019/452, as part of the European Commission's initiative to improve the economic security of the Union. The article also presents a case study on the particular situation of the FDI examination mechanism applicable in Romania. The purpose of this study is to analyze the legislative provisions, the specific elements compared to the situation in other member states, the institutional framework and the decision-making flow.