This article sets out the legislative and regulatory framework governing the protection of personal data in Greece.

Ballas, Pelecanos & Associates has advised GEK Terna SA and the Motor Oil Hellas Group on obtaining the concentration approval from the Hellenic Competition Commission for their EUR 385 million joint acquisition of Thermoelectric Komotini.

The Koutalidis Law Firm has advised the United Group on its acquisition of Greek mobile operator Wind Hellas.

Koutalidis has advised Nexi on the signing of a memorandum of understanding with Alpha Bank in relation to establishing a strategic and long-term partnership in the payments acceptance space in Greece.

Theologos Mintzas has been promoted to Partner with PotamitisVekris. This is the firm's 11th partner appointment to date. 

Zepos & Yannopoulos has advised global coordinator and joint bookrunner Citigroup Global Markets Europe AG on Motor Oil Corinth Refineries S.A.’s EUR 400 million 2.125% unsecured senior notes issuance due 2026. Bernitsas Law advised the issuer. Shearman & Sterling advised initial purchasers Citigroup Global Markets Europe, as well as the Alpha Bank, Eurobank, Goldman Sachs Bank Europe, HSBC Continental Europe, ING Bank, J.P. Morgan, National Bank of Greece, Nomura Financial Products Europe, Optima Bank, and Piraeus Bank.

For at least the last 15 years, co-promotion and co-marketing agreements between pharmaceutical companies have been valuable instruments for cost-effective marketing of pharmaceutical products. Both types of agreement are used both locally and globally to effectively allocate the skills and expertise of marketing teams based on product type, therapeutic category, and product maturity.

Even with the delta variant being prominent in Greece, the country seems to be on an upward trajectory, according to Nassos Felonis, Partner at Bahas, Gramatidis & Partners.

Zepos & Yannopoulos has advised PPC S.A. on its international offering of EUR 500 million 3.375% sustainability-linked senior notes due 2028.

CMS' Malgorzata Surdek-Janicka has been appointed as Vice-President of the International Court of Arbitration at the International Chamber of Commerce in Paris. Aside from Surdek-Janicka, 33 lawyers from CEE were appointed as members and alternate members of the court.

Kyriakides Georgopoulos has advised Alpha Bank on a PPP project refinancing for the Attica Schools project.

Zepos & Yannopoulos has advised the Unilever Group on the sale of its Greek tomato product business unit to Minerva.

Zepos & Yannopoulos has advised Intrum AB and Intrum Hellas on Sunrise I – a Hellenic Asset Protection Scheme securitization transaction originated by Piraeus Bank involving a retail and corporate NPE portfolio of EUR 7.2 billion gross book value.

With the summer kicking off another (tourism) season for Greece, PotamitisVekris Co-Managing Partner, George Bersis, shares with us how this Mediterranean country’s economic outlook is shining brighter and brighter. 

Kyriakides Georgopoulos has advised GlaxoSmithKline on the EUR 12 million sale and partial leaseback of its corporate headquarters office building to the ATHEX listed Intercontinental International REIC.

Zepos & Yannopoulos and CMS France have advised Axa Mediterranean Holding on the sale of Greek subsidiary Axa Insurance to Italian insurance group Generali for a consideration of EUR 167 million.

Drakopoulos has advised the TUI Group on its sale of 100% of the shares in an unspecified SPV, which owns a hotel and a 75,000-square-meter plot of land in Ermioni, Greece, to an unidentified consortium of investors.

Bernitsas Law has acted as Greek law counsel to industrial and energy company Mytilineos SA on its issuance of EUR 500 million aggregate principal amount senior notes due 2026, and on the listing of the notes on the Luxembourg Stock Exchange’s Euro MTF market.