The legal framework for arbitration
General Information
UNCITRAL Model-Law based: Yes.
Legal Provisions: Greece distinguishes between domestic and international arbitrations. For domestic arbitrations, Articles 867-903 of the Greek Code of Civil Procedure (GCCP), enacted by Law No. 503/1985 apply. For international disputes, the International commercial arbitration: Law 2735/1999 governs applies.
Arbitral Institutions
Department of Arbitration of the Directorate of the Athens Chamber of Commerce and Industry (ACCI)
Piraeus Association for Maritime Arbitration (PAMA)
Hellenic Mediation & Arbitration Centre
Hellenic Chamber of Shipping
Chamber of Technical Companies (TEE)
Regulatory Authority of Energy (RAE)
Multilateral Conventions
New York Convention: Yes (ratification/accession: 16 July 1962); reservations: The present Convention is approved on condition of the two limitations set forth in article I (3) of the Convention.
European Convention: No.
ICSID Convention: Yes (ratification/accession: 21 April 1969).
Energy Charter Treaty: Yes (ratification/accession: 16 July 1997).
Last updated February 2019