What is the aim of Fast Track Law? The principal aim of Fast Track Law (Law 3894/2010 as amended by Law 4072/2012 and Law 4146/2013) is to accelerate the licensing procedures for investments deemed strategic to the Greek economy. How does Fast Track work? Fast Track works as an accelerating and transparency enhancement mechanism for the procedures relating to the implementation...Read more
What is the main type of employment contract? It is the open-ended employment contract. Fixed-term employment contracts are permitted in exceptional cases, when the limited duration is justified by some specific (‘objective’) ground, such as the time required to perform a specific task for the employer. Where there is no such ground, the contract is deemed to be open-ended, even...Read more
Introduction When you are doing business in Greece you can rely on a well regulated two-track Alternative Dispute Resolution mechanism that delivers services both in the Court-connected as well as in the outside of the Court scheme. The Greek legislation has some special features and features you need to be aware of to ensure that you can make most out...Read more
Can we describe the Greek EPE as the equivalent to the English LTD? Is there any kind of confusion regarding the above terminology translation? An LTD according to the terminology used in the jurisdictions influenced by the English law is a company limited by shares or by guarantee, namely a company, in which the participating members are called shareholders and...Read more
1. Does Greek law include a special regime for individual’s bankruptcy? Greek law, until recently, had no regime concerning individual’s (non-merchants) bankruptcy. Law 3869/2010, enacted on September 2010, was the first piece of Greek legislation dealing with the issue of over-credited individuals, providing them with the option to achieve an official judicial settlement, concerning the debts they were not able to...Read more
To choose Greece is to choose an exciting country, in the south east Coast of Europe, to invest and buy high quality services and products. It is also the choice for a privileged, geographically strategic location, ideal for those seeking to supply the European market or expand their businesses to other parts of the world. As a member of the EU and the Eurozone, Greece offers access to high-growth and emerging regional markets, being an excellent gateway -without any trade barriers- to more than 140 million consumers in Southeast Europe and the Eastern Mediterranean.
Logistics and communication infrastructures in Greece are of high quality. After the holding of the 2004 Olympic Games in Athens, infrastructure in Greece derived special lasting benefit from the numerous changes and improvements effected in the country becoming fully adequate for enabling investments.
Last Updated on Monday, 30 July 2012 14:15
The Greek Law Digest - The Ultimate Legal Guide to Investing in Greece” is the most complete and comprehensive legal guide that has ever been made in the English language on all the basic regulatory and legal aspects that an investment in Greece may entail.
Written by top qualified and experienced Greek lawyers and legal counsels, following a question and answer format to ensure comprehensive and thorough coverage of each topic, this guide provides practical and comprehensive legal advice to foreign investors as well as a practical insight for general counsel, government agencies, and private practice lawyers that want to acquire practical and update information concerning the Greek legal and regulatory environment. Read more
Last Updated on Tuesday, 19 June 2012 18:26
Hellenic Republic (Greece)
Area: 131, 990 sq. km. (51 square miles)
Length of State Border: 1,228 km
Border Countries: North: Albania, FYROM and Bulgaria. East: Turkey
80% of the country is mountainous and 27% of the total area is cultivated. Greece’s islands account for 19% of the total area of the country and there are more than 15 000 kilometres of coastline.
Official Language: Greek
Regime: Presidential Parliamentary Republic
Last Updated on Wednesday, 28 March 2012 14:05
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