COVID-19
COVID-19: New Tax Measures Adopted by Law 4690/2020
Authors: Panagiotis Pothos, Ioanna Barmpa, Emmanouela Kolovetsiou, KG Law Firm
The measures introduced by the Legislative Acts of 13 April 2020 and 01 May 2020 in relation to the COVID-19 outbreak were ratified by Law 4690/2020 which was published on the Government Gazette A 104/30.05.2020. Also, a number of additional measures have been introduced by the Greek Government through the new Law, the most important of which are the following:
Extension of the 25% discount for timely payment of assessed tax liabilities and instalments of assessed liabilities as a result of a settlement, with payment…
Extension of Deadlines for the Development of RES and CHP Projects Due to COVID-19
The Legislative Act dated 30 March 2020 (G.G. B’ 75/30.03.2020) introduces extensions of several project timetables and their validity period in order to secure the necessary licences and administrative permits/acts. Most notably, the Act addresses the duration of the installation licences which are affected, the conclusion of the binding grid connection offers with the ITO, as well as the deadlines for the electrification of the RES projects.
Greece: HCC Launches an E-Commerce Sector Inquiry and a Public Consultation for Stakeholders
On 31 March 2020, the Hellenic Competition Commission published its decision of 11 March 2020 to initiate a sector inquiry into e-commerce, exercising its competency under Article 40 of Law 3959/2011.
Extension of Deadlines for the Development of RES Projects are Under Review by the Government Due to Covid-19
With a view to safeguarding RES investments in Greece, the MEE will purportedly seek to postpone the RES investors' obligations most likely for a few months in order to assist the viability of the projects.
The Greek Government Promotes the Use of Technology
General Meetings may take place through teleconference until 30 June 2020. The Greek Government, through the measures adopted for the protection of public health from Covid-19, promotes the use of technology in order to ensure uninterrupted decision making and the continuation of business operations, where possible.
News
Call for Technology Specific RES Tenders - July 2020
Authors: Gus J. Papamichalopoulos, Konstantinos Varelas, Manos Nimas, KG Law Firm
The current support scheme for RES and CHP projects in Greece was introduced by virtue of Law 4414/2016 (hereinafter referred to as “RES Support Law”) in alignment with the EU Guidelines on State aid for Environmental Protection and Energy 2014 - 2020. The RES Support Law provides for the support of RES electricity production plants on the basis of operating aid in the form of a sliding feed-in premium added to the compensation received from the participation in the electricity market in order to reach a reference…
