Complaint to be lodged with the EU Commission against the retroactive taxation on RES stations adopted by the Greek Government

A team consisting of specialized scientists and university professors, coordinated by Dr. A. Metaxas, Lecturer of European Law at the University of Athens and Managing Partner of “Metaxas and Associates” Law Firm, has been assigned, by several foreign and greek RES investors, to lodge a complaint with the European Commission on the retroactive taxation on RES stations which has recently been imposed by the Greek Ministry of Environment, Energy and Climate Change.

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The complaint will mainly focus on the infringements of European Energy and State Aid Law contained in the relevant provisions, by adopting an interdisciplinary approach that will help underline a series of legal arguments related to the functioning as well as the distortions of the greek energy market.

Furthermore, the internationally renowned Professor, Dr. Ph. Nicolaides, Jan Tinbergen Chair of European Economics and Director of Studies in the "College of Europe" will also play a very significant part in this scientific group.

The complaint with the EU Commission will be a first crucial step towards the legal challenge of the retroactive taxation, which will be followed by a series of further legal actions, at both individual and collective level, before the Greek and european courts and tribunals on behalf of RES producers since the negative impacts of this latest legislation on the Greek RES market are severe.

www.metaxaslaw.gr