The Legal Framework for Arbitration in Greece

General Information:

• UNCITRAL Model-Law based: Yes.
• Legal Provisions: Domestic arbitration: articles 867-903 of the Code of Civil Procedure, enacted by Law No. 503/1985. International commercial arbitration: Law No. 2735/1999 of 21 June 1985.

Multilateral Conventions:

• New York Convention: Yes (ratification/accession: 16 July 1962); reservations: reciprocity, commercial disputes.
• European Convention: No.
• ICSID Convention: Yes (ratification/accession: 21 April 1969); reservations: none.
• Energy Charter Treaty: Yes (ratification/accession: 16 July 1997); reservations: none.

Arbitral Institutions:

• Athens Chamber of Commerce and Industry (A.C.C.I)
• Greek Centre of Mediation and Arbitration
• Hellenic Chamber of Shipping