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A Procedure for the Express Settlement of Minor Debts has been introduced.
Your Legal Partners
The long discussed bill regarding extrajudicial debts' settlement has been enacted by the Greek legislator on May 3, 2017.
Reed Smith (Worldwide)
On 28 June the Greek government imposed capital controls and introduced a bank holiday period, during which the banks remained closed. On 18 July 2015 a new legislative act was passed, with which the bank holiday period ended and banks re-opened.
The result of Sunday's (5 July 2015) referendum which rejected the latest proposed bailout by the European authorities was unequivocal.
Following the recent event over the weekend (27/28 June 2015), we set out below a short guide on the current status in Greece.
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