Greek Legislation on Strategic Investments; the Next Golden Share Case before the European Court of Justice? - European Company Law View Greek Legislation on Strategic Investments; the Next Golden Share Case before the European Court of Justice? by - European Company Law Greek Legislation on Strategic Investments; the Next Golden Share Case before the European Court of Justice? 6 6

In 2008 Greece introduced legislation to curtail the right of investors to increase their shareholding in ‘strategic’ companies beyond certain levels and thereby to acquire control over those companies. In the opinion of the European Commission, however, this legislation constitutes a restriction on the free movement of capital and the freedom of establishment in the EU.

European Company Law