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Constantine Michalos

President of ACCI

“Greek LawDigest –TheOfficial Guide toGreek Law” is auseful information

tool for persons and entities wishing to exploit opportunities in Greece. It

presents the operation of Greek law in a systematic and comprehensible

manner, offering reliable and detailed answers to all issues of concern to

interested entrepreneurs and investors.

The Athens Chamber of Commerce and Industry has, from the very

beginning, supported the effort to create this Guide. The product of this

effort, in the form of a publication distinguished for its comprehensiveness,

scientific accuracy, and documentation, fully justifies our expectations. This is a publication that

can help Greece stand up to the greatest challenge it is currently facing: to achieve economic

recovery and sustainable growth, by attracting private investment, reconstituting the country’s

productive base, and utilising its comparative advantages.

This requires the establishment of a more favourable investment and business environment,

the key feature of which will be the stability and clarity of the legal and institutional framework,

the upgrading of the services offered by the public administration, the enhancement of

competition in the markets, as well as the encouragement of investments through the provision

of targeted tax, and other, incentives.

Modernising the legislation, as well as the administration and dispensation of Justice, is a

main prerequisite for the creation of an ecosystem that is conducive to entrepreneurship and

investment. To this end, Greece’s Chamber Community has already taken a series of initiatives, in

collaborationwith theLegal Communityandwitha focusonutilising thecapabilitiesof Arbitration

and Mediation. In the past few years, we have been systematically investing in this area, with the

aim of developing reliable structures and services that will help the country’s business and legal

communities produce significant time- and cost-savings in investment planning and realisation.

The first actual step in this effort was the establishment of the “Mediation Centre”, which is

operating since 2013, as part of the organizational structure of the Athens Chamber of Commerce

and Industry.TheCentreemploys certifiedmediators, and its services include, amongother things,

the provision of information and guidance, the technical organisation of mediation proceedings,

the coordination of communication among the interested parties, the management of economic

parameters, as well as the provision of a series of logistics services.