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The new law 5037/2023 for energy in Greece and the changes it brought in the energy sector.

The new law 5037/2023 for energy in Greece and the changes it brought in the energy sector. Law 5037/2023 (Government Gazette 78/28.03.2023, Vol. A) was passed by the Greek Parliament on 20.03.2023, in the context of the European policy to achieve the Union's climate and energy targets for the year 2030 and in the broader context of its substantial long-term goal for a low-carbon economy by the year 2050. The most important changes in the energy sector are the extension of the competences and the renaming of the "Energy Regulatory Authority", the forms of energy communities and the limits set on virtual...

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Judicial Distribution (CC 799)

If not all the co-owners agree to dissolve the co-ownership by distribution, each co-owner can request judicial distribution (CC 799) according to the provisions of the CCC. Judicial distribution is the distribution caused by the filing of a lawsuit and occurs with the issuance of a court decision, which orders either the distribution itself or the sale by auction according to the terms of the law (EphAθ 4127/2001, ElΔνη 2003 1401. Papasteriou, EmbrD, II, § 66, No 150. Papasteriou, in Georgiadis/Stathopoulos CC, Art. 1887, no. 39. N. Psouni, KlerD3, I, p. 517). The court may choose one of the following indicative forms...

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How much does it cost to purchase a house in Greece?

The more knowledge a buyer has regarding purchasing a house in Greece, the better. Here at Economou & Economou Law Office, we've provided a clear, concise breakdown of the expenses related to obtaining your ideal home. The top real estate attorneys in Greece at the Economou & Economou law office in Athens are available to assist with procedure management and to walk you through each step of the way. Check out what people are saying about our top-notch services. Generally speaking, fixed buying costs for investors are 5.6% of the purchase price; however, this percentage may go up based on the...

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Mortgage process and requirements to buy a house in Greece.Terms and Interest Rates.

If you intend to purchase a home in Greece, you have undoubtedly given some thought to how you would pay for it. A mortgage could be a common option, depending on your country of origin. It's not a simple task for a non-resident to obtain a mortgage in Greece, but it's helpful to know how the procedure operates.We shall outline the overall procedure for obtaining a mortgage in Greece; however, each bank's procedure may vary and be subject to annual changes. Mortgage rates in Greece typically range from 3.0% to 6.5%, depending on the bank (December 2023), and the terms...

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Adoption process in Greece

Adoption process in Greece and the issues arising from adopting a child in Greece is of increasing concern to more and more people in our country and serious efforts are being made to ensure that both adopters and adopted children live with dignity, safety and their rights are fully guaranteed. Adoption in Greece is understood as the complex of legal acts by which a legal relationship is created between two persons, i.e. a parent (father or mother) and a child (son or daughter). The person who acquires the status of parent is called the adoptive parent and the person who acquires...

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Why is Greece considered to have one of the most liberal legislation for fertility treatments and medical assisted reproduction in Europe?

Medical assisted reproduction is considered one of the greatest medical achievements of the 20th century. Today, more than 3 million children have been born through IVF worldwide, while in 16 European countries, infants born by assisted reproduction come to 3.9% of all live-births. In Greece, we see that since 2005, approximately 50 reproductive clinics have been registered and are currently operating, a number greater than other European countries with the same population. Medical assisted reproduction made its substantial appearance in 1978 when the first child was born in Great Britain through IVF. Since then, continuous medical innovation and progress has provided...

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Legal services for Digital Nomads Visa in Greece

Digital Nomads in Athens: A Guide to Digital Nomads Visa Application Procedures If you’re a digital nomad planning to visit Greece, the first step is to understand the digital nomads visa application procedure. Depending on your nationality and the purpose of your visit, you may require a visa to enter Greece. The types of visa available include: Reasons to become a digital nomad in Greece Greece is one of the countries with the best climate of the world, with over 300 sunshine days a year Being surrounded by like-minded people who value work-life balance and wellbeing Low cost of living for accommodation, transport, eating out...

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Buy a house in Greece as a foreigner guide 2024

The process to buy a house in Greece Considering to buy a house in Greece? Undoubtedly, investing in buying a property in Greece is going to be the best decision you will make so far. However, there are some risks with the procedures and legal system during the whole process of selecting and buying it. So, the most crucial thing to do before starting off is to do an In-depth research and find the best real estate specialized lawyer to assist you through the whole transaction procedure, otherwise, you too might fall prey to dangers like failing to protect yourself legally, currency...

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Inheritance acceptance in Greece: Legal procedures

Before becoming the owner of any estate to which they are entitled, for inheritance acceptance in Greece, requires a series of legal and administrative procedures. An heir's rights may be determined by the decedent's Will or, in the absence of a Will, by intestacy law. An estate must go through a few legal procedures before it can be accepted because Greek law covers both movable assets that are located outside of Greece and all assets that are located in Greece. Inheritance acceptance in Greece or renouncement of inheritance in Greece One must first confirm that they wish to receive the bequest. One...

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How to find out if there is a will in Greece

In Greece, there is no central register of wills. This means that searching for a will can be difficult and time-consuming. However, there are some steps you can take to increase your chances of finding a will. Ask the testator's relatives: Your first move should be to contact the testator's relatives. They may know if the testator had made a will and, if so, where it is located. Contact the testator's notary public: If the testator had made a will with a notary, the notary should keep a copy of the will in his or her office. You can contact the notary...

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