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On January 15, 2018 the Government Council of Economic Policy approved the national energy plan for the gas sector, for the period 2017-2022 (Decision No 78, Government Gazette B 59/18-01-2018).
On October 17, 2017 the Regulatory Authority for Energy (RAE) published its Decision No 850/2017, introducing an amendment to Articles 7 and 9 of the Forward Products Auction Code (FEPAC).
For the first time in Greek legislation, Law 4469/2017 introduces an integrated procedure of Extrajudicial Debt Settlement for viable entities of commercial status with outstanding debts to the private and public sector.
M&A Law Firm is glad to announce that, for the second consecutive year, the Hellenic Energy Regulation Institute organizes, in cooperation with the renowned Florence School of Regulation, the "Athens Conference on European Energy Law".
Energy efficiency: Legal parameters of a very substantial economic and strategic issue for Greek companies
Ministerial Decision 174063 established the new energy efficiency obligation scheme aiming to attain the commitments undertaken by Greece in compliance with the obligations of Directive 2012/27/EU of the European Parliament and of the Council.
According to article 73(2) of the Greek Constitution: “Bills referring to the definite attribution of pensions and to the conditions for such an attribution are only introduced by the Minister of Economics following a Court of Audit’s Opinion respectively (…)”.
The law (N. 4469/2017) recently adopted by Greek Parliament, which was published on May 3 and introduces the opportunity of extrajudicial debt restructuring for natural and legal persons under specific conditions has been the cause of much discussion.
The compromise between the European Commission and Gazprom made public recently was triggered by the substantial commitments made by the Russian gas giant with regard to the omission of acts breaching EU antitrust rules.
Greece recently introduced various laws to create a competitive internal market for its natural gas sector with the aim of strengthening competition and ensuring security of supply.
Greece will be required to explicitly commit to ''alternative structural measures", as the memorandum with its creditors stipulates, in case the mandatory NOME auctions for selling Public Power Company’s (PPC) electricity products to its competitors do not succeed.