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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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Why invest in Greece

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.
 
Greece is also a country characterised by sectors that present important competitive advantages offering vast business opportunities for investors. Its natural resources complement many areas of investment. 
 
Investors have a wide selection of alternatives in Greece for their financing needs to implement their projects. The Investment Incentives Law provides strong financial incentives to realize projects in numerous sectors throughout the country. The NSRF (National Strategic Reference Framework) 2007–2013 is the reference document for the programming of European Union Funds at national level until 2013.
 
The success of a project is also shaped by the quality of its human resources. Greece has a highly skilled and talented workforce available fully meeting today’s needs to achieve long term business success. Moreover, labour costs are highly competitive within the EU.
 
Last but not least, Greece is not only a good country to invest but also a desirable place to live. Sunshine that brightens most of the days through the year helps people feel motivated and productive.
 
Despite  the economic crisis that the country is currently facing, efforts to improve public finances and apply crucial economic reforms are under way.  The country is striving to use the crisis as an opportunity to boost its economy by applying a new viable model of development. Attracting foreign investment is considered a key to overcome the crisis. Providing the best possible environment for foreign investment is viewed as a top priority with a view to attract market-leading companies and dynamic entrepreneurs, creating thus associated jobs and stimulate the national economy.
 
 

 



 

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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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