Although no official figures have been released on Greek private equity deal activity in 2014, available figures indicate that the general trends in the Greek market have been considerably lower than the overall European trends.
Aviation in Greece is regulated by the Hellenic Civil Aviation Authority (HCCA), which constitutes a public authority and comes under the Ministry of Transport and Communication, pursuant to section 2 of Law 1340/1983 and the Air Law Code, as ratified by Law 1815/1988.
The basic legislative documents that set out the Greek legal framework on product safety are Ministerial Decision Z3/2810/14 of December 2004 (MD), which implemented EU Directive 2001/95/EC on General Product Safety (GPSD) and Law 2251/1994 on Consumers’ Protection (usually referred to as the Consumers’ Law, as in force today – Law 2251), which, inter alia, implemented EU Directive 85/374/EEC on the approximation of the laws, regulations and administrative provisions of the member states concerning liability for defective products (as amended by EU Directive 99/34/EC, the PL Directive). The above legal framework is supplemented by Regulation (EC) No. 765/2008 setting out the requirements for accreditation and market surveillance relating to the marketing of products, in
force as of 1 January 2010.
In Greece, a JV (koinopraxia) is an association of two or more natural persons or legal entities that have a common aim to achieve a certain project or transaction. JVs are generally not regulated. However, this is with the exception of special law provisions that regulate certain specific forms of specialised co-operation.
The Athens Stock Exchange was initially established as a self-regulated public institution. In 1995, the Athens Stock Exchange was converted into a Society Anonyme Company (Athens Stock Exchange S.A.), and in March 2000, the Hellenic Exchanges S.A. (HELEX) was established as the holding company of Athens Stock Exchange S.A.