
Publication
International Restructuring Newswire
Welcome to the Q3 2025 edition of the Norton Rose Fulbright International Restructuring Newswire.
Global | Publication | April 2020
On March 30, 2020 (effective date), following a motion of the Ministerial Council, the President of the Hellenic Republic adopted a Legislative Act allowing for further urgent measures to cope with the COVID-19 pandemic. Article 55 (para 3) provides for the extension of regulatory deadlines relating to the licensing and development of renewables in Greece, including:
A. A six-month extension for:
B. A four-month extension for:
C. A two-month extension of deadlines for accepting final grid connection offers from the competent grid operator and the requirement to submit bank letters of guarantee to the grid operator between the effective date of the Legislative Act (i.e. March 30, 2020) and June 30, 2020.
Undoubtedly, the Greek Government has so far responded in a proactive, timely and effective manner to the COVID-19 pandemic, which has already had a huge impact on the global economy, business and life in general. It is evident that the Government is committed to dealing with the situation in an appropriate manner and therefore further intervention in the energy sector, and for renewables in particular, cannot be excluded.
Publication
Welcome to the Q3 2025 edition of the Norton Rose Fulbright International Restructuring Newswire.
Publication
In this edition, Amy Allen and David Hawkins report on the government’s unforeseen (and controversial) proposal to ban upwards only rent reviews in new commercial leases and the potential impact on tenants and landlords.
Publication
The ‘Omnibus package’ is due to be negotiated by the European Parliament and the Council. When initially published by the European Commission on 26 February 2025 (see our previous publication on this here), the Omnibus instantly drew attention in light of the significant changes it sought to introduce to the EU Corporate Sustainability Reporting Directive (CSRD) and the Corporate Sustainability Due Diligence Directive (CS3D).
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