The Greek government introduced legislation aiming at the facilitation of investment. The new legislation provides also for a special category of investment having a serious impact on the economy due to their size and to the creation of jobs.
Commercial agency and distribution agreements are in the forefront of agreements concluded between multi-nationals and their local subsidiaries throughout the EU territory since hey both constitute a vehicle for expanding principals’ commercial activities and thus maximizing their profits in multiple and not familiar to them, markets.
Public Contracts in Greece are mostly assigned through Calls to Tenders issued by the relevant contracting authority and addressed to entities which fulfill certain criteria set by the above authority. Similarly, private authorities increasingly choose to issuing of such Calls to Tenders to address the potential contractors for major projects.
For a long time, governments have been attempting more and more to regulate franchising. Examples abound in Australia, France, Spain – even in the United States: in Australia, the franchise industry must cope with a 400-page disclosure law; in the U.S., legislators are doing their best to harm the growth of franchising in the belief that they protect free competition and fair trading; in Albania, franchising is part of the Civil Code.