The upcoming expansion of the European Union (EU) – which legal advisers expect to unleash a flood of investment work in Central and Eastern European – cleared its final hurdle at the weekend as the Republic of Ireland backed the Nice Treaty with a ‘Yes’ vote of 62.9%
This clears the biggest obstacle to EU enlargement, which is scheduled to bring 10 new countries into the union.
With the European Commission recommending the start of enlargement from 2004, legal advisers are gearing up to increase their presence in accession countries to benefit from a boost in investment and privatisation work.
