MacroPolis

New strategic investment framework unveiled, faster licencing and tax breaks promised

A new strategic investment framework was presented yesterday by Economy Minister Yiannis Dragasakis aimed at fast-tracking investments into Greece.

The legal framework and latest developments in international investment arbitration

A much-anticipated judgment by the Court of Justice of the European Union in the Slovak Republic versus Achmea B.V. (Case C-284/16), on March 6 this year, ruled that the arbitration clause contained in Article 8 of the 1991 Netherlands-Slovakia Bilateral Investment Treaty (BIT) has an adverse effect on the autonomy of EU law.

Greece scores low on index for skills development, activation and matching

Greece has scored poorly in the first European Skills Index (ESI) released by the European Centre for the Development of Vocational Training (Cedefop).

What GDPR compliance means for businesses and consumers

GDPR, a set of rules on the protection of natural persons with regard to the processing of personal data and on the free movement of such data, could fundamentally change the relationship between massive tech companies that gather data, and the users they gather it from.

Greece's antitrust damages initiative comes into force

On April 23, 2018, Greece issued Law 4529/2018 implementing the EU Antitrust Damages Directive 2014/104/EU (“the Antitrust Damages Directive”).

Government takes another stab at media regulation among growing scepticism

By: Georgia Nakou

Earlier this month, Greece’s media regulator started the process of examining the bids for private TV broadcast licenses.

NOME auctions: amendments to legal framework for electricity market liberalisation

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).

Out-of-court workout holds promise for firms in debt

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.

Coalition's judicial wranglings provide opposition with line of attack

The government has recently become embroiled in another clash with Greece’s judges and prosecutors, providing the opposition with another key line of attack against the coalition.

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.