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News & Insights

27/11/2020

The provisions for construction in non-urban areas in the Spatial and Urban Planning bill

1.         On 24 November 2020, the much-debated Spatial and Urban planning Bill was submitted to Parliament. The said bill promises to radically overhaul and modernize the existing legislation regarding, inter alia, the issue of construction in non-urban areas. The relevant...
14/11/2020

Sustainable Finance & Green Bonds

Over the last decade, the regulators, both in EU and globally, have focused on enhancing the sustainability of corporations by giving them incentives to engage with environmental objectives, such as the mitigation of climate change and the prevention of air pollution. Moreover,...
10/11/2020

Judgment C-280/18 of the European Court of Justice on the Greek environmental permitting process and the concerns it raises today

With its Judgment  of 7 November 2019, Flausch and Others, C-280/18, the Court of Justice of the European Union (CJEU) responded to the request for a preliminary ruling submitted by the Greek Council of State (Decision 674/2018), regarding the compliance of Greek legislation...
30/10/2020

Special administration: The end of an era?

Pursuant to the New Insolvency Code (already Law 4738/2020, Government Gazette Volume A’ 207/27.10.2020, hereinafter the “NIC”), Articles 68 seq. of the Law 4307/2014, which constituted the legal base of the “special administration” procedure, are repealed. Pending procedures...
22/10/2020

Capital Link Webinar: 'The New Corporate Governance Landscape in Greece - Challenges and Opportunities'

We are pleased to announce that our Partner Alexandros Kosmopoulos will be participating as a speaker at the upcoming Capital Link Webinar titled: ‘The New Corporate Governance Landscape in Greece – Challenges and Opportunities’.  Alexandros will present the extensive reforms...
09/10/2020

IFLR1000: New Financial and Corporate and M&A rankings published

IFLR 1000, the guide to the world’s leading financial and corporate law firms has recently published the fourth and final set of national firm rankings for Europe, the Middle East and Africa for IFLR1000’s thirtieth edition. Our firm has been once again highly ranked in the...
17/09/2020

Amendment of the Law 4557/2018 - The bill for the prevention and suppression of money laundering

The Ministry of Finance submitted for public consultation the law draft entitled: "Amendment of Law 4557/2018 (A '139) on the prevention and suppression of money laundering and terrorist financing - Integration in Greek legislation of Directive (EU) 2018/843 (L 156) and Article...
14/09/2020

The Pissarides committee and the development of the Greek economy

The Greek Government in an effort to progress with a sustainable plan of economic growth and development of the Greek economy has proceeded with the formation of an independent committee, the so-called ‘Pissarides committee’, as the head of the committee is the Cypriot Nobelist...
09/09/2020

The Real Estate industry and the effects of the Pandemic

Since the end of March 2020, most of the countries around the world have been hit, to a lesser or a greater extent, from the COVID 19 pandemic. Facing lockdowns and closed borders, everyone soon realized that this pandemic would seriously affect all the businesses  sectors. One...
17/08/2020

The new Bill regarding teleconference meeting procedures for private legal bodies and the establishment of private capital companies by electronic means.

A. MEETINGS OF COLLECTIVE BODIES OF LEGAL ENTITIES BY ELECTRONIC MEANS On Monday the 27th of July, the Bill of the Ministry of Development and Investments was submitted for discussion and voting in the Plenary Session of the Parliament, which paves the way for the electronic...

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