04 Jun 2025 | in ARTICLES, Corporate law, by and

Amendments of Greek Development Law – Key Reforms

On June 2nd, Law 5203/2025 was enacted, restructuring and amending the existing Development Law 4887/2022. The amendment introduces several key changes, including the establishment of new aid schemes alongside the revision or abolition of existing ones, the introduction of a fast-track licensing incentive and a loan guarantee incentive under specific schemes, the enhancement of evaluation and audit mechanisms for investment plans, and the simplification of operations of collective administrative bodies involved in various procedural stages. In our latest article, you may find an enlightening overview of the recent changes. READ FULL ARTICLE

27 May 2025 | in ARTICLES, Competition law, by and

Law 5202/2025: Legal Framework for Foreign Direct Investments in Greece

Law 5202/2025 («the Law»), through the incorporation of Regulation (EU) 2019/452, introduces a national framework for the screening of Foreign Direct Investments («FDIs»). The law establishes a national mechanism for the assessment and control of investments taking place within Greek territory or potentially having cross-border effects. Additionally, it sets the criteria for subjecting FDIs to screening, the procedures for submission and evaluation of applications, and the competent screening authorities. It also provides for the imposition of risk mitigating measures, prohibition or reversal of investments, and administrative sanctions for non-compliance. READ FULL ARTICLE

10 Mar 2025 | in ARTICLES, Employment law, by

Law 5163/2024: New Minimum Wage Law implementing Directive 2022/2041 on adequate minimum wages in the EU

Law 5163/2024, effective as of December 6, 2024, incorporates Directive 2022/2041 on minimum wages into Greek law. Among other changes, it introduces a new wage determination procedure, aims to increase collective bargaining coverage, and includes a quasi-automatic wage adjustment system. You can read more in our newest article. READ FULL ARTICLE

23 Jan 2025 | in ARTICLES, Digital services, by , and

The transposition of NIS2 Directive on cybersecurity into Greek legislation

Greek Law 5160/2024, implementing Directive (EU) 2022/2555 (NIS2 Directive), has recently entered into force providing for cybersecurity obligations to an expanded number of entities. The new legislation introduces robust cybersecurity risk-management measures, imposes tightened incident reporting obligations and aims to ensure the effective supervision and enforcement of cybersecurity obligations. In our latest newsletter we walk through the key elements of the new cybersecurity legal framework in Greece, including a brief compliance roadmap and obligations timeline for companies falling within the scope of Greek Law 5160/2024. READ FULL ARTICLE

18 Dec 2024 | in ARTICLES, Litigation & Arbitration, Real Estate, by

Deletion of claims from land registry books in the case of renunciation of the right to enforce a court decision

Διαγραφή αγωγής από βιβλία διεκδικήσεων και κτηματολογικά βιβλία στην περίπτωση της παραίτησης από το δικαίωμα αναγκαστικής εκτέλεσης απόφασης   Συνιστά λόγο διαγραφής της σχετικής αγωγής από τα ανωτέρω βιβλία; Α. Το Νομικό Πλαίσιο Από το άρθρο 220 ΚΠολΔ και το άρθρο 12 παρ.1 (περ. ιβ΄) του Ν. 2664/1998 για το Εθνικό Κτηματολόγιο, προκύπτει η υποχρέωση READ FULL ARTICLE

05 Dec 2024 | in ARTICLES, Tax law, by

Taxation of income from real estate in Greece, where the beneficiary is a foreign legal person or entity

In his insightful article, originally featured in the October 2024 issue of the digital journal “Epixeirisi” by Nomiki Bibliothiki, our Partner, Georgios Minoudis, comments on the current approach of the Greek Tax Authorities regarding the taxation of income from real estate in Greece, where the beneficiary is a foreign legal entity or entity, highlighting some potential difficulties the current approach may entail. READ FULL ARTICLE

19 Nov 2024 | in ARTICLES, Personal data protection - Intellectual Property, by

News Alert: EDPB Adopts First Report Under the EU-U.S. Data Privacy Framework

Background  On July 10, 2023, the European Commission adopted the adequacy decision on the EU-U.S. Data Privacy Framework (DPF), which applies to commercial entities processing data transferred from the EU. DPF requires regular reviews and the first periodic review meeting was held in Washington D.C. on July 18 and 19, 2024, one year after the READ FULL ARTICLE

11 Nov 2024 | in ARTICLES, Employment law, by

C-441/2023: The ECJ interprets Article 3(1)(b) of the Directive on temporary agency work, significantly reinforcing its protective framework

The recent ECJ ruling on Article 3(1)(b) of Directive 2008/104/EC has significant implications for temporary-work agencies across Europe, being particularly relevant for Greek enterprises, which use service contracts for the assignment of workforce. This article delves into the legal nuances and potential ramifications of this landmark decision. READ FULL ARTICLE

07 Aug 2024 | in ARTICLES, Tax law, by

The New Tax Procedure Code: A Comparative Study of the Significant Changes Enacted by Law 5104/2024 (in Greek)

Law 5104/2024 aims to modernize tax processes, introducing digital communication between taxpayers and authorities, and automating annual returns for individuals; it updates deadlines for submissions and revises audit initiation criteria; it also adds a new basis for extending the 5-year statute of limitations. This article explores these and other changes, providing detailed descriptions and commentary on their potential implications and effects. READ FULL ARTICLE

23 Jul 2024 | in ARTICLES, Corporate law, by and

Adoption of restrictions with regard to Disqualified Directors – Law 5122/2024

By virtue of Law 5122/2024, the provisions of Directive (EU) 2019/1151 relating to “disqualified directors” were transposed in Greek legislation. The newly adopted measures aim to prevent fraudulent or other abusive behavior by refusing the appointment of a person as a director of a company, taking into account the former conduct of that person in their own territory, as well as on the basis of information provided from other Member States. READ FULL ARTICLE

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