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The Lambadarios Law Firm and Watson Farley & Williams have advised lead arranger Piraeus Bank on the EUR 425 million project financing for the Thessaloniki Eastern Ring Road to be developed by Avax and Mytilineos following their PPP agreement with the Greek Ministry of Infrastructure and Transport.

The recent decision no. 35/2022 issued by the Hellenic Data Protection Authority (HDPA) on July 13, 2022 (Decision), marked a record-high EUR 20 million fine against US company Clearview AI Inc. (Clearview). This Decision adds even higher pressure on Clearview, on top of other data protection authorities’ (DPAs) relevant decisions (French, Italian, British), while a similar decision is expected soon by the Austrian regulator, all as a response to a series of complaints filed by an alliance of non-profit privacy-driven organizations.

Lambadarios has advised lead arrangers National Bank of Greece and Piraeus Bank on a EUR 680 million project financing facility for the Eldorado Gold Corporation towards the development of the Skouries project in Northern Greece. Liberopoulos and Milbank reportedly also advised the banks. Karatzas & Partners and Texas-based Bracewell reportedly advised Eldorado Gold.

Koutalidis has advised Matthew Gregory Kaminski and Mikhail Gregory Kaminski on the acquisition of 90% of the share capital and voting rights in Greek Superleague football club Panetolikos FC from shareholder Fotios Kostoulas.

Reed Smith has advised Alpha Bank on the EUR 32 million financing for a 27-megawatt onshore wind project developed by Valorem subsidiary Anatoliko Askio-Magoula of Greece. Watson Farley & Williams reportedly advised Valorem.

Kyriakides Georgopoulos has advised a Korkia-funded partnership – including local developers GH Energy and AA Sunshine – on the acquisition and development of a photovoltaic project pipeline in mainland Greece and Crete with a targeted total capacity of 1 gigawatt.