Labour and social security

COLLECTIVE LABOUR RELATIONS: 1/ Exemptions from the implementation of terms provided in Collective Labour Agreements (“CLAs”): The Invest in Greece Law provides that the National, Local Professional and Sectoral CLAs may either provide specific terms or exempt from specific terms those employees who are employed: (i) by companies belonging to a special category, such as social economy companies, or (ii) by non-profit legal entities, or (iii) by companies facing significant financial difficulties (e.g. companies which are under insolvency, pre-insolvency or para-insolvency proceedings or under extra judicial settlement or rehabilitation procedures).

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