EUROPEAN UNION LAW

EUROPEAN UNION LAW

European Union Law has a profound effect on business in Greek territory.

The European Union (EU) has a legal system and law of its own – the main rules and principles are laid down in the founding Treaties. The EU can adopt legal and legislative acts, which the Member States have to respect and to apply.

The two main sources of EU law are primary law (the Treaties), and secondary law (legislation, agreements, etc.)

Primary law is constituted by treaties laying down the legal framework of the European Union. Secondary law is composed of legal instruments based on these treaties, such as regulations, directives, decisions and agreements.

A distinguishing feature of EU law is that it can be directly enforceable before the courts of the EU Member States (“direct effect “) and that laws of the EU Member States may be held inapplicable when it conflicts with EU law (“supremacy” of the latter).

Our team has a strong understanding and vast experience in monitoring European developments and legislation across many sectors, and we provide high quality advice on:

  • Loans in CHF
  • Competition Law
  • Free movement of persons, goods, services and capital
  • Incorporation of EU directives into Greek law
  • National and EU consumer protection legislation
  • Competition law aspects of mergers and acquisitions, privatizations’ and joint ventures