Greece has been an EU member state since 1981 and part of Eurozone since 2001. Being an Organization for Economic Cooperation and Development (OECD) member state, Greece’s international tax treaties include the exchange information clause between the states involved.
With regards to foreign exchange control, although deregulation is the dominant feature in exchange control and foreign investment matters, these are certain reporting requirements.
As a general rule, foreign investments are only subject to reporting requirements once the investment has been made. On the other hand, exchange control and capital movements are fully deregulated in Greece, creating freedom of action in this regard in all areas.
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