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ARTICLE · 15 DECEMBER 2021

A Newly Introduced Bill Is Speeding Up Investment Processes

Now, the new Bill makes it easier for smaller-scale investments to qualify as a strategic since the required financial figures are reduced.

GreeceStrategy

A Draft Law titled Strategic investments and improvement of the investment environment through the acceleration of processes in private and strategic investments and establishing a framework for spin-offs" was introduced in Greek Parliament on 23rd November 2021, aiming to speed up the approval process of private and strategic investments.

It aims to:

  • One sole piece of law

The first two parts of the Law combine the two basic investments laws (4608/2019 and 3894/2010) into one law, resolving, therefore, the issue of their parallel and sometimes conflicting regulations and creating clarity for investors. The new law shall create a unified institutional framework and therefore the process of legal redress by strategic investors will be improved.

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