Significant modifications to the legislation governing copyright in Greece

February 24, 2023

The incorporation of the EU Directives (EU) 2019/789, (EU) 2019/790, and 2006/115/EC into national law.

After a lengthy waiting period, the Greek Government has passed a draft law entitled “Setting rules on the exercise of copyright and related rights to certain online broadcasts of broadcasting organisations and retransmissions of television and radio programs, while maintaining a higher level of protection of copyright and related rights in the digital single market and the right of public lending and the reproduction of additional copies by non-profit libraries or archives.” This law brings Greece in line with EU Directives (EU) 2019/789, (EU) 2019/790, and 2006/115/EC and amends Laws 2121/1993 and 4481/2017.

Read more

Law 4967/2022: What applies to digital content and services and sales contracts in Greece

February 23, 2023

into Greek law, is a significant step towards providing greater protection for consumers in digital transactions and establishing a digital single market. By regulating sales contracts in a uniform manner, the Law enhances legal certainty and brings the Greek Civil Code up to speed with the demands of the digital economy. Notably, most of the provisions were not transposed as a separate legal text but were directly incorporated into the relevant chapter of the Greek Civil Code on the sale of goods.

Contracts for the supply of digital content and services

The Law, specifically Articles 3 through 32, establishes a framework for “contracts for the provision of digital content or digital services,” in which the supplier provides digital content or services to a recipient, who can be a natural person or legal entity, in exchange for an agreed-upon consideration.

Read more

Investment Funds in Greece

February 23, 2023

Investing in Greece

Investing in Greece has been on the radar of international funds, especially in the domains of energy, tourism, new technologies, and real estate. However, the bureaucratic and administrative challenges in Greece have often posed difficulties for investors. Nevertheless, a recent research conducted under the auspices of Cardiff Metropolitan University has provided a guide for international funds investors to navigate the investment environment in Greece.

One of the crucial factors in improving the investing environment in Greece is the digitalization of the public sector. The pandemic crisis of Covid-19 has fastened the digital revolution of the Greek administration. Governmental cyber locations have created digital communication channels with the state, facilitating a great number of administrative procedures within minutes via computers. Microsoft’s recent investment in Greece is a testimony to the country’s potential as a digital liaison and consistent base for data centers and innovative technologies.

Read more

The procedural aspects of a trial face challenges due to digital evidence and its increased use.

February 17, 2023

Digital evidence sources are constantly evolving with technological advancements. There are three primary categories of digital evidence: the Internet, computers, and portable devices. Evidence obtained from the Internet includes information from online conversations, emails, message boards, chat rooms, file sharing networks, and intercepted communications. Message boards and chat rooms provide a wealth of information in real-time and in archives. Computers also contain a repository of information and require special extraction methods to obtain evidence. Although some information may overlap with Internet sources, computers offer unique and significant pieces of evidence such as timestamps, IP addresses, VPN information, and MAC addresses. Portable devices, such as smartphones, tablets, and other handheld gadgets, have become the primary source of digital evidence in many court proceedings due to society’s reliance on these devices. It is worth noting that digital evidence sources also include sensors and screens in vehicles, cameras, drones, smart TVs, and other devices.

Read more

Can blockchain technology be used as a tool to tackle corruption in Greece?

February 17, 2023

In today’s digital age, it is imperative that governments and public institutions around the world undergo digital transformation, utilizing new technologies and data to develop innovative and efficient public policies. One such technology with a wide range of potential applications is blockchain, which offers the promise of more transparent and accountable processes and the ability to combat corruption.

According to the OECD, blockchain technology is a distributed ledger that records, stores, and provides access to digital transactions without the need for a central authority. Each new record in the blockchain is connected to the previous one using cryptographic methods, making blockchain records immutable.

Read more

How to Open a Bank Account in Greece: Step-by-Step Guide

February 16, 2023

If you are planning to relocate to Greece or purchase property in the country, it is essential to have a local bank account. In the past, opening a new bank account in Greece was a challenging task due to strict regulations in the banking sector. However, as the Greek economy has improved, these restrictions have been eased, and the process of opening a bank account in Greece is now straightforward.

Read more

The New Rules for Greek Golden Visa in 2023

February 14, 2023

In September 2022, the Greek Prime Minister announced that the minimum investment amount for property acquisition for the Greece Golden Visa program would be increased from €250,000 to €500,000 in 2023, to help make real estate more affordable for Greeks. On December 21st, 2022, the Greek Ministry of Development submitted an amendment to parliament to raise the minimum investment amount to €500,000, which would only apply to certain areas of Greece.

Read more