11 October

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deadline for property declaration

deadline for property declaration The Cadastral system in Greece is a comprehensive property registry that records legal, technical, and ownership details of real estate. Property owners are required to declare their assets in the Cadastral system to establish and protect their ownership rights. Missing deadlines for these declarations can result in fines or even legal complications. The process includes submitting accurate property details, including location, size, and boundaries. Our legal team at Economou & Economou law office can assist with Cadastral registration, ensuring compliance with Greek law and safeguarding your property rights. A 53-day Greek Cadastral deadline for property declaration at the...

08 October

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foreign plates vehicles circulation

Posted by EconlawAdmin

in Uncategorized

foreign plates vehicles circulation in Greece, what applies? and what are the hefty fines? Foreign plates vehicles circulation in Greece is allowed, provided certain conditions are met. Otherwise, the penalties imposed by the authorities are severe. It’s not uncommon to see vehicles with foreign plates vehicles circulation on our roads, which do not belong to tourists visiting Greece for holidays. In both cases, the circulation of these vehicles by their owners, and not only, is temporary and subject to specific conditions and time limits. Who is allowed to drive a vehicle with foreign plates? According to the current legislation, individuals entitled to import and...

08 October

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Inheritance Rights of Partners

Posted by EconlawAdmin

in Uncategorized

Inheritance Rights of Partners Significant changes have been introduced to inheritance law and wills after more than 80 years of the current provisions being in force. These reforms are deemed necessary due to the social and economic changes that have impacted the Greek family and modern asset management needs. The proposed amendments affect key aspects of how assets are inherited, as well as the procedures for drafting and executing wills. Specifically, the new regulations focus on six main areas: 1. Inheritance Rights of Partners: For the first time, inheritance rights are granted to life partners who have cohabited for a long period without...

25 August

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Buy sell transfer of vessel

Posted by EconlawAdmin

in Maritime Law

Buy sell transfer a vessel - Economou & Economou law office the best maritime lawyers in Athens Greece econlaw@live.com (+30)2103603824

Buy sell transfer of vessel Maritime law in Greece FAQ With shipping being a significant sector for Greece's national economy, advancements in this industry continue unabated. Recent changes introduced by the new Private Maritime Law Code have altered the landscape in several areas, improving long-standing issues within the legal framework governing the maritime sector. Below, we provide answers to the ten most frequently asked questions about maritime matters in a straightforward and comprehensible manner. How can you buy sell transfer of vessel today?To answer this fundamental question, we must first distinguish between original acquisition (where the vessel is acquired without previously belonging to...

24 August

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The Legal Framework of Antiquities Smuggling in Greece: Severe Penalties and Expert Legal Defense

Posted by EconlawAdmin

in Criminal Law

Antiquities smuggling in Greece -Economou & Economou law office the best criminal law office in Athens Greece econlaw@live.com (+30)2103603824

Antiquiites smuggling in Greece, a crime that strikes at the very heart of Greece’s cultural heritage, is treated with utmost seriousness under Greek law. The rich history of Greece, spanning millennia and encompassing countless invaluable artifacts, makes the country a prime target for illicit trade. The Greek Penal Code sets forth stringent penalties for those involved in the illegal trade of antiquities, reflecting the state's commitment to preserving its cultural legacy. This article delves into the legal ramifications of antiquities smuggling in Greece and emphasizes the importance of securing expert legal defense for those accused of such crimes. Legal Definition and...

22 August

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Tax Evasion in Greece

Posted by EconlawAdmin

in Tax Law

Tax evasion in Greece - Economou & Economou law office the best tax lawyers in Athens Greece econlaw@live.com (+30)2103603824

Tax Evasion in Greece as a Criminal Act: Understanding the Law and Your Defense What is "Tax Evasion"? Tax evasion refers to the illegal act of deliberately avoiding tax obligations by an individual or business. For it to be considered a criminal offense and result in legal liability, the avoidance must be intentional rather than accidental. In contrast, tax avoidance involves legally finding ways to reduce taxable income. Tax evasion is a serious criminal offense under Greek law, with severe penalties that can include hefty fines, imprisonment, and reputational damage. In Greece, the authorities take tax evasion very seriously, given the significant impact...

22 August

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Purchasing property via auction

Posted by EconlawAdmin

in Real Estate Law, Uncategorized

Purchasing property via auction - Economou & Economou law office the best real estate law office in Athens Greece econlaw@live.com (+30)2103603824

Purchasing property via auction Although the initial bid price in an auction usually corresponds to the property's market value and does not always offer exceptional purchasing opportunities, the transparency of the electronic auction system has increased buyer interest. Financial institutions have created a dedicated website (landea.gr) with more information and search capabilities compared to the official public database (e-auction.gr). However, the alignment of the initial bid price with the property's market value may indicate that there is no significant opportunity, as the forced sale price is typically lower. Risks for the successful bidder remain. Despite the low adjudication price, the new owner...

22 August

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Money Laundering from illegal activities

Posted by EconlawAdmin

in Criminal Law, Uncategorized

Money laundering from illegal activities - Economou & Economou law office the best criminal law office in Athens Greece econlaw@live.com (+30)2103603824

Legal Considerations for Money Laundering – The Legalization of Proceeds from Criminal Activities Money laundering, a crime defined and prosecuted under the legal framework, has seen significant amendments, particularly following the enactment of Law 4816/2021. This law revised Law 4557/2018, which itself was aligned with EU Directive 1673/2018, detailing the criminal offense of money laundering, commonly referred to as the "legalization of proceeds from criminal activities." This offense requires a prior, separate illegal act, known as the predicate offense, from which the property subject to laundering is derived. Predicate offenses, which include but are not limited to, organized crime, bribery, human...

19 August

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Defamation of character: Conditions and resulting claims

Posted by EconlawAdmin

in Criminal Law

Defamation of character in Greece - Economou & Economou law office the best criminal lawyers in Athens Greece econlaw@live.com (+30) 2103603824

Defamation in Greece The provisions you've outlined from Articles 57 and 59 of the Civil Code, along with the corresponding constitutional protections, form a robust framework for safeguarding the right to personality in Greece. This right, as you described, is an absolute, inalienable, and deeply personal right that encompasses various aspects of an individual's identity—physical, mental, emotional, and social. The law recognizes that any unlawful insult or infringement on these aspects gives the offended party the right to seek both the removal of the insult and preventive measures to ensure it doesn't recur. This legal protection extends to a range of personal...

19 August

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Embezzlement of Money and Transactions

Posted by EconlawAdmin

in Criminal Law

Embezzlement in Greece - Economou & Economou law office best criminal lawyers in Athens Greece econlaw@live.com (+30)2103603824

Embezzlement in Greece Embezzlement is the crime of illegally embezzling (in whole or in part) foreign movable property that has somehow come into one's possession. In order to commit this crime of violating a legal right to property, the thing (which of course includes money) must have already come into the actor's possession, and then the actor must embezzle it (i.e., perform an act that only the lawful owner can do). When is the crime of embezzlement committed?From the provisions of the Criminal Code as amended in 2019, the conditions under which the crime is established are derived as follows(Alpha) (a) Criminal...

Author: EconlawAdmin