Greece Arbitration

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 Greece Arbitration

Greece is a Contracting State to the ICSID Convention:

  • Signature: 16 March 1966
  • Deposit of Ratification: 21 April 1969
  • Entry into Force: 21 May 1969
  • Pursuant to Article 54(2) of the ICSID Convention, Greece has designated “Single Judge Court of First Instance for Athens” as competent for the recognition and enforcement of ICSID awards.
  • Pursuant to Article 69 of the ICSID Convention, Greece enacted Necessity Law No. 608, November 11, 1968 to make the Convention effective in their jurisdiction.
  • Pursuant to Article 13(1) of the ICSID Convention Greece has made the following panel designations effective until 9 April 2004:
    - Mr. Ioannis C. DRYLLERAKIS: Member, Athens Bar; Director, Hellenic Association for Competition Law
    - Mr. Nicholas J. GEORGAKELLOS: Consulting Engineer; Former President, Hellenic Association of Mining and Metallurgical Engineers
    - Mr. Nicholaos T. MANTELLOS: General Secretary, Greek Mining Enterprises Association
    - Mr. Elias M. STASSINOPOPULOS: Member, Board of Directors of the Athens Stock Exchange
    - Prof. Antonias C. DIMOLITSA: Member, Board of Administrators of the Greek Arbitration Association; Member, International Court of Arbitration of the  International Chamber of Commerce
    - Dr. Arghyrios A. FATOUROS: Professor of International Economic Law, University of Athens; Member, Institut de Droit International
    - Mr. Justice Ioannis KARAVOKYRIS: Judge, Athens Court of Appeal
    - Dr. Konstantinos D. KERAMEUS: Professor of Civil Procedure, University of Athens; Director, Hellenic Institute of International and Foreign Law

Greece is a Contracting State to the New York Convention:

  • Date of Accession: 16 July 1962
  • Entry into Force: 14 October 1962
  • Greece will only apply the New York Convention to the recognition and enforcement of awards made in the territory of another contracting state & only to differences arising out of legal relationships, whether contractual or not, that are considered commercial under their national law

In 1999, Greece enacted legislation based on the UNCITRAL Model Law on International Commercial Arbitration as adopted in 1985 and is therefore now popularly considered to be an UNCITRAL Model Law State

Greece is a Contracting State to the 1899 Convention for the Pacific Settlement of International Disputes:

  • Entry into Force: 4 April 1901

Greece is a not Contracting State to the 1907 Convention for the Pacific Settlement of International Disputes:

  • Entry into Force: N/A

Greece is a United Nations Member State:

  • Date of Admission: 25 October 1945

Official State Name: Hellenic Republic - Ελληνική Δημοκρατία - Ellīnikī́ Dīmokratía

Official Language: Greek

Capital: Athens

Motto: Eleftheria i Thanatos, (Greek: "Ελευθερία ή Θάνατος", "Freedom or Death") (traditional)

Currency: Euro (€) (EUR)

Time Zone: EET (UTC+2)

International Calling Code: +30

Internet TLD: .gr

Location of  Greece  (dark green)– on the European continent  (green & dark grey)– in the European Union  (green)  —  [Legend]

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