Taxation News – 2nd Issue (February 2014)-Necessary documentation needed regarding foreign tax credit Albania The new tax rates for Corporate Income Tax and Personal Income tax Bulgaria Amendment in the tax treatment of the relations between resident persons and companies registered in jurisdictions with preferential fiscal arrangements European Union Mandatory Automatic Exchange of Information Greece...Read More

Taxation News – 1st Issue (January 2014)-Clarifications on the tax treatment of capital gains from the alienation of shares Bulgaria Reduced rate of 5% withholding tax on interest and royalties income Romania Taxation of on-line gambling activities; tax on special constructions and infrastructure; increase of minimum gross salary Ukraine Changes to Terms of Payments in...Read More

Public Private Partnerships (PPPs) & the Greek Legislative Approach Among them, one could include pure economic benefits, as the public sector is able to proceed with a greater number of infrastructure projects, even at times when public funding may be significantly constrained and, especially, the better allocation of risks, which is a core element of...Read More

Public Private Partnerships (PPPs) in Action INTRODUCTION Public Private Partnerships (PPPs) are in general defined to be a form of collaboration between the public sector (i.e. the government, local authorities, etc.) and the private sector (i.e. private companies etc.) aiming at providing various works and services required by the public through partnerships with one or...Read More

“Solvency II-Supervision of (Re)insurance Companies”: Critical remarks & comments per article of L.4364/05.02.2016 on the harmonisation of Greek Law with Directive 2009/138/EC by em.Prof. I. Rokas published (in Greek) by Sakkoulas Publ., Athens 2016 The new, short commentary by Rokas’ senior partner, Ioannis Rokas, on the Greek law that has implemented the Solvency II Directive,...Read More

Declaration of readiness for connection of RES station to network (Article by Andriani Kantilieraki and Pavlos-Ioannis Kasselakis – Associates, published in the Energy & Natural Resources Newsletter of the ILO on March 15, 2021) On 20 October 2020 Law 4736/2020 concerning the reduction of the impact of certain plastic products on the environment was published...Read More

ICLG Merger & Acquisition Guide – Greek Chapter Our firm is a contributor of the ICLG Merger & Acquisition Guide – Greek Chapter. Viktoria Chatzara, Junior Partner & Kosmas Karanikolas, Associate, provide information about the current issues and regulations affecting the M&A field in Greece and address major topics and insight on the most common...Read More

New cycle of competitive procedures for operational support (Article by Mira Todorovic Symeonides – Partner and Kosmas Karanikolas – Associate, published in the Energy & Natural Resources Newsletter of the ILO on March 8, 2021) On 7 January 2021 the Regulatory Authority for Energy (RAE) announced the commencement of the competitive procedure for determining the...Read More

Investment Firms: New regulatory regime Investment Firms: New regulatory regime The Investment Firm Regulation1 (IFR), combined with the Investment Firm Directive2 (IFD), introduce a bespoke prudential regime for the vast majority of EU’s investment firms; the latter being currently subject, along with credit institutions, to Basel-derived prudential rules set out in the Capital Requirements Regulation3...Read More

Regulating RES storage (Article by Mira Todorovic Symeonides – Partner, published in the Energy & Natural Resources Newsletter of the ILO on March 1, 2021) On 8 December 2020 the Ministry of Environment and Energy issued a decision (OJ B’ 5619/2020) on the formation of a working group which will prepare a proposal for the...Read More