Behind the Screen: Understanding National Support for a Foreign Investment Screening Mechanism in the European Union

Chan, Zenobia; Meunier, Sophie

doi:10.2139/ssrn.3726973

SSRN Journal

2020

DOI: 10.2139/ssrn.3726973

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Behind the Screen: Understanding National Support for a Foreign Investment Screening Mechanism in the European Union

Zenobia Chan

Sophie Meunier

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2022

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The Greek Law on Strategic Investments in Light of the FDI Screening Regulation: Will the Greek Investment Regime’s Openness Endure?

Fotopoulos

2022

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Attracting Foreign Direct Investment (FDI) is vital for Greece’s growth in the aftermath of a lengthy economic crisis and the Covid-19 pandemic. Concurrently, the European Union (EU) seeks to safeguard essential bloc-wise security interests that are compromised by third country investors, especially Chinese ones, sprawling across member states – a policy concern substantiated in normative text as recently as 2019 by the enactment of Regulation 2019/452. The latter set the basic pan-European contour in terms of member states’ cooperation for the screening of FDI. A year later, the Greek Parliament voted for Law 4864/2021 on Strategic Investments, with a view to incentivizing aspiring high-profile investors. In that regard, the main objective of the present policy paper is to examine how Law 4864/2021 interplays with Regulation 2019/452. The paper will conclude that the Greek liberalized framework will have to align in the future with the European trend of extended screening over FDI, notwithstanding Law 4864/2021 moving into the opposite direction.

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The Greek Law on Strategic Investments in Light of the FDI Screening Regulation: Will the Greek Investment Regime’s Openness Endure?

Fotopoulos

2022

HAPScPBS

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Behind the Screen: Understanding National Support for a Foreign Investment Screening Mechanism in the European Union

Cited by 1 publication

References 41 publications

The Greek Law on Strategic Investments in Light of the FDI Screening Regulation: Will the Greek Investment Regime’s Openness Endure?

The Greek Law on Strategic Investments in Light of the FDI Screening Regulation: Will the Greek Investment Regime’s Openness Endure?

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