Country Commerce is a practical guide to a country’s business regulations and business practices, issued on an annual basis by the Intelligence Unit of Economist, covering 56 countries’ rules on permits, intellectual property, e-commerce, taxes, labour, and financing regulations. ZEYA’s contribution refers to specific topics of corporate/commercial nature addressed in the Country Commerce Greece (Edition: December 2018), the annual practical guide to the business regulations and business practices in Greece.
Relaxation of Capital Controls in Greece
By virtue of a Legislative Act dated 28.09.2018 (No. ΔΧΠ 002666 EΞ 2018/Χ.Π.1670), the Greek government proceeded to further relaxation of capital controls. According to the Act, the following apply as of October 1st:
Konstantinos Logaras, senior associate, recently published an article shedding light on legal aspects arising from the use of blockchain – the technology that enables the registration and validation of information through a global network of computers, in a secure and immutable chain of data.
The full article (in Greek) may be found at naftemporiki.gr
Following our newsletter dated 19 February 2014 regarding the proposed amendment of Presidential Decree (“P.D.”) 34/1995 on Commercial Leases, we highlight here below the main changes thereto that were voted by the Greek Parliament.
LEASES TO BE ENTERED INTO AFTER THE NEW LAW COMES INTO EFFECT (NEW LEASES)
Amendment/Addition to bill for changes in the framework of commercial leases
By an amendment submitted by the Greek Government a few days ago to the Greek Parliament, considerable changes are introduced in the legal framework governing commercial leases and Presidential Decree 34/1995 (“P.D.”) is amended accordingly.
In particular, and subject to said amendment being voted as introduced: