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Results:1-10 of 126

Exceptions for servicing and selling Greek loans applying by the amended NPL Law recently lifted
  • Your Legal Partners
  • Greece
  • June 14 2016

Following recently passed law 43892016, which amended the applicable regime of servicing and selling receivables out of loans and credits having


Challenges with Greek NPL portfolio transactions following recent revisions of legislation
  • Your Legal Partners
  • Greece
  • May 31 2016

Greek Parliament has passed on 22.5.2016 a voluminous bill with a series of reforms that paved the way for an agreement on bailout loans and debt


European financial stability measures and EU law
  • Herbert Smith Freehills LLP
  • European Union, Greece
  • July 26 2011

On Thursday, 21 July 2011, Eurozone Member States agreed a second financial package for Greece.


Greece makes progress toward recovery
  • Alston & Bird LLP
  • Greece
  • August 6 2010

Yesterday, the European Commission (EC), European Central Bank (ECB) and International Monetary Fund (IMF) issued a summary of the first quarterly review of the Greek government's economic program.


Greece agrees to 110 billion financial bailout package from Euro area members and IMF
  • Alston & Bird LLP
  • European Union, Greece
  • May 13 2010

Today, Greece reached agreement with the International Monetary Fund (IMF), the European Commission (EC), and the European Central Bank (ECB) on "a focused program to stabilize its economy, become more competitive, and restore market confidence."


The Greek crisis and European financial stabilisation: the legal implications
  • Bird & Bird LLP
  • European Union, Greece
  • May 12 2010

On 31 March, we published our briefing note entitled "Greece and the euro: new dimensions in currency risk?".


Greece requests bilateral loan financing
  • Alston & Bird LLP
  • Greece
  • April 23 2010

Today, Greece notified the Eurogroup, the European Commission, and the European Central Bank of its request to activate the financial support mechanism, whereby Euro area member states and the International Monetary Fund (IMF) would provide Greece with up to 30 billion in bilateral loan financing.


Euro area members commit up to 30 billion in loans to Greece
  • Alston & Bird LLP
  • European Union, Greece
  • April 12 2010

Yesterday, the heads of state and government of the Euro area announced that Euro area members states have agreed upon the terms of financial assistance to be provided to Greece, "when needed, in order to further safeguard financial stability in the Euro area as a whole."


Euro area leaders express commitment to provide bilateral loans to Greece
  • Alston & Bird LLP
  • European Union, Greece
  • March 26 2010

Yesterday, the 16 leaders of the Euro area member states issued a joint statement "reaffirming their willingness to take determined and coordinated action, if needed, to safeguard financial stability in the euro area," and agreeing, as part of a package involving International Monetary Fund financing and "a majority of European financing," to "contribute coordinated bilateral loans" to Greece.


The Commission opens in-depth inquiry into preferential electricity tariffs for Aluminium of Greece
  • Squire Patton Boggs
  • Greece
  • January 30 2010

The Commission has opened an in-depth investigation to discover whether an electricity tariff granted by the Greek state-owned Public Power Corporation to Aluminium of Greece was illegal under the State aid rules.