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COVID-19 emergency measures | Corporate issues

Due to the spread of the Coronavirus in Greece, the Greek citizens, business activity and Greek economy protective and supportive measures are being increased, with more legal areas being affected respectively.

According to art. 33 of the legislative act issued by the President of the Hellenic Republic on 20.03.2020, from now on and until 30.06.2020, the General Meeting of shareholders or partners of any legal entity may be conducted through teleconference, either for some or for all of its members. In this case, the invitation to the members of the General Assembly shall include the information and technical instructions necessary to attend the meeting.

The important result of this legislative provision is that teleconference ability is provided to companies that did not have a corresponding statutory provision, facilitating the general operation of corporate affairs during this period.

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