Dentons (JD Supra Greece)

A. Beneficial tax regime - Law 89/1967 "On the Establishment in Greece of Foreign Commercial and Industrial Companies" was meant to attract foreign investments in Greece, by providing a wide range of benefits regarding exemption from taxes, custom duties, etc. to certain foreign companies, including the personnel thereof, that would choose to become established in the country and conduct...

The prospect of Greece's potential default to the International Monetary Fund and European Union lenders and de facto exit from the EU single currency looms larger day by day. The next week—until the June 30 repayment due date to the IMF—will be filled with high stakes political brinkmanship on all sides. The IMF has raised the stakes by clarifying that there is no grace period beyond the June 30