Law 5316/2026, which transposes Directive (EU) 2023/970 on pay transparency into Greek law and strengthens the application of equal pay between men and women for equal work or work of equal value, was published in the Government Gazette on 6 July 2026. The new framework introduces significant pay transparency obligations for employers and establishes new enforcement mechanisms designed to close the gender pay gap. This newsletter outlines the law’s key provisions and highlights the main practical implications for employers.ScopeThe pay transparency framework applies to all individuals employed or seeking employment in the public and private sectors, including job applicants.Enhanced anti-discrimination frameworkThe new Law expands the existing anti-discrimination framework by expressly rec...

Our firm contributed for another year to the Chambers Corporate M&A 2026 Guide, which covers more than 90 jurisdictions and provides a comparative analysis of key aspects of corporate M&A transactions.Stefanos Charaktiniotis, Danai Falconaki and Stathis Orfanoudakis, partners, and Nadia Axioti, senior associate, authored the chapter for Greece, offering an in-depth overview of the local M&A regulatory framework.The guide addresses topics including company acquisitions, antitrust regulations, restrictions on foreign investment, stakebuilding, negotiation, mandatory offer thresholds, takeover offer conditions, squeeze-out mechanisms, disclosure obligations, directors’ duties, defensive measures and shareholder activism.Read the full guide here. ...

Zepos & Yannopoulos advised MORE (Motor Oil Renewable Energy) and its platform company Unagi S.A. on two interrelated transactions in the renewable energy sector, marking a significant step in the strategic repositioning of MORE's photovoltaic portfolio.Under the first transaction, MORE acquired the remaining 25% of Unagi, thereby securing 100% ownership of the platform. In the second transaction, Unagi sold a 51% stake in a portfolio of 12 photovoltaic projects under development, with a total nominal capacity of 1,175 MW, to PPC Renewables, which already held the remaining 49% of the portfolio. As a result, PPC Renewables now holds 100% of these photovoltaic projects.These transactions form part of MORE's strategy of active portfolio management, enabling the timely crystallisation of ...

Law 5313/2026, ratified on 25 June 2026, introduces a series of amendments to the dedicated tax framework for carried interest for Greek tax-resident individuals involved in fund management, while also revising the application and compliance deadlines under the lump sum tax regime (LSTR) and the retirees tax regime available to individuals relocating to Greece.New tax framework for carried interestEffective from 1 January 2026, the new law establishes a targeted tax framework for carried interest in the investment funds sector. The key developments are twofold:Level playing field: Individuals involved in the management of Greek funds, EU AIFs, and third-party funds will benefit from a uniform 15% capital gains tax rate on carried interest received; andRelocation incentive: A preferential 5...