A new Greek foreign investment law has established a mandatory,
suspensory regime. Acquisitions of, or increases in, shareholdings
or voting rights in Greek undertakings operating in
"sensitive" or "highly sensitive" sectors must
obtain prior approval if sector-specific thresholds are met:
Investments in "sensitive" sectors—including
energy, transport, digital infrastructure, and healthcare—are
subject to screening (solely) when a non-EU investor acquires at
least 25% of the shares, voting rights, or equivalent
participation.
Investments in "highly sensitive"
sectors—including defense, dual-use items, cybersecurity,
artificial intelligence, and certain tourism infrastructure in
border areas—are subject to screening when a non-EU investor
(or an EU investor in which a non-EU person holds, directly or
indirectly, at least 10% of share capital or voting rights)
acquires at least 10% of the shares, voting rights, or equivalent
participation. Subsequent add-on
