2007jun 05
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Regulatory Framework for Insurance Companies in Greece

In the past decade, there have been significant changes in the Greek insurance market. The country’s accession to the European Economic Area in 1994 resulted in a liberalisation of the market which was further increased with the implementation of the relevant European Union directives. The Greek regulatory environment of insurance firms adjusted to these directives, opening its insurance market to both domestic and foreign competition.

Regulatory Framework for Insurance Companies in Greece