Tsibanoulis & Partners counsel to the Greek Ministry of Finance regarding the overhaul of the HFSF Law

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Emmanouil Komis and his team comprised of our associates Iakovos Anagnostopoulos and Despina Ayfadi were appointed legal advisors to the Greek Ministry of Finance in respect of the overhauling of Law 3864/2010 on the Hellenic Financial Stability Fund and the legal framework for the recapitalization of credit institutions. Following a long consultation with the financial sector team of the Troika, Law 4254/2014 was enacted and made possible the recap of all systemic Greek banks in accordance with the EU state aid rules in spring 2014.