Your Legal Partners (Greece): Contract Performance and Coronavirus: Does it constitute an event of Force Majeure?

The recent escalation of the Coronavirus pandemia and the respective measures for its containment implemented by the Greek and European Authorities (among others the suspension of the operation of specific types of businesses, travel restrictions, the closure of the external borders of the EU) have caused severe business disruptions and impeded countless supply chains, often resulting in companies being unable to fulfill their contractual obligations. In this view, questions arise about the performance of contractual obligations as well as the possibility and the existence of any legal grounds for terminating existing contracts. MORE.

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