Greece

• 15/10/2020
• Jurisdictions

Greece does not have a formal FDI screening mechanism in place. The laws in Greece generally encourage and facilitate FDI, with limited restrictions on foreign control or ownership and no sector-specific restrictions. Greece does, however, limit foreign ownership of real estate located in certain regions designated as border areas. This prohibition can be lifted following an application to a competent committee.

Legislative developments

There is currently no indication that Greece plans to introduce an FDI screening mechanism.

 

The above information is a summary that does not constitute legal advice. For exhaustive information, advice, and assistance please get in touch with our lawyers.