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08-12-2020

REAL ESTATE TAXATION IN GREECE; IN TERMS OF…

While the acquisition of real estate in Greece requires the one-time payment of tax for the acquisition of such property, whether due to a sale and purchase agreement, or due to an agreement on donation, or due to a deed of acknowledgment of inheritance, the right to real estate (right in rem) gives rise to taxation on this property. Rights in...

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24-07-2019

Application of The EU Geo-Blocking Regulation: A Ban…

Recent Regulation (EU) 2018/3021 addresses unjustified online sales discrimination based on customers' nationality, place of residence or place of establishment within the internal market. It applies to all traders2, including online marketplaces, operating within the Union, in connection to transactions relating to the sales of goods or the provision of services within the Union. In particular, some customers are not able...

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28-01-2019

Game of Chance Introduction

History of the Regulation of Games of Chance in Greece Games of chance, in which the participants wager a stake with valuables or money is not an activity that appeared in recent times. They were very common in ancient societies. Historians situate their origin in the third millennium BC in the Far East and Egypt. Such games were common in ancient...

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28-01-2019

Data Protection Introduction

The constitutional context and the right to data protection The Greek Constitution, adopted in 1975 quite after the fall of military dictatorship, recognized explicitly the rights of privacy (Article 9) and secrecy of communications (Article 19). Article 9 guarantees both the asylum of home and inviolability of private and family life. Both theorists and the jurisprudence regarded Article 9 in combination...

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28-01-2019

Consumer Protection Introduction

The main piece of legislation in Greece on Consumer Protection is the Law 2251/1994, which in large part implements European Union rules into the Greek legal order on a wide area of issues; general terms of contracts, regulations for liability of producers for defective products, unfair commercial practices, class actions to name a few. Nevertheless, the Law 2251/1994 is not...

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Official data by the Hellenic Statistical Authority point to an increase in employment by about 250,000 jobs in the last three years (from the second quarter of 2014 to this year’s Q2), but that is only part of the truth.

Read more: Full-time work is not the norm it once was

Europe has to say no to additional measures that hamper growth in Greece, French President Emmanuel Macron said in a televised interview given jointly to the public broadcaster ERT and the private channel ANT1. He sent the message that “we must move away from Europe of austerity and assume our responsibilities, the future lies before us.” He underlined that Europe must continue helping Greece through investments and did not rule out that Greece may need another help in August 2018.

Read more: Macron does not rule out new aid for Greece in August 2018

Pillarstone, the European platform set up by US private equity firm KKR, is in advanced talks with creditor banks regarding the restructuring of the Notos Com Holdings group and frozen seafood company Kallimanis.

The debt management firm will provide the funds needed for the restructuring of the two enterprises’ debts and will take an active role in managing the companies too.

Read more: Pillarstone to tackle debts of Greek enterprises Notos Com Holdings and Kallimanis

On an official visit to Greece ahead of the launch of a third review of the country’s third international bailout next month, Eurogroup leader Jeroen Dijssebloem on Monday said he believed Greece could complete pending reforms by the end of the year with a view to a “clean exit” from fiscal supervision next year. 

Greece is on a “good path” to completing the latest round of bailout talks by the end of the year, Dijsselbloem said, referring to “very strong” fiscal performance last year and this year.

Read more: Eurogroup Leader J. Dijsselbloem believes Greece could complete pending reforms by the end of...

Greece’s Economic Sentiment Index rose last month to its highest point since December 2014, the Foundation for Economic and Industrial Research (IOBE) announced on Monday, reflecting the decline in uncertainty resulting from the implementation of the bailout program and a good year to date in terms of tourism. The manufacturing industry also saw an improvement in its index.

Read more: Greece’s Economic Sentiment Index rose last month to its highest point since December 2014

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Conference Review NOMIKI BIBLIOTHIKI and the Legal Guide "Greek Law Digest -The O...

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What is the legal basis for extradition? Extradition is usually pursued or granted ...

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REAL ESTATE TAXATION…

While the acquisition of real estate in Greece requires the one-time payment of tax for...

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