If you need to enforce foreign arbitral awards in Greece, the procedural landscape has shifted significantly since July 28, 2025, when Law 5221/2025 (FEK A 133/28. 07. 2025) overhauled the Greek Code of Civil Procedure. The reform introduced accelerated hearing tracks, tightened evidentiary deadlines, and modernised the provisional measures framework, changes that directly affect how creditors, arbitration counsel and recovery teams pursue recognition and execution of foreign awards. This guide provides a step‑by‑step enforcement workflow, a document‑filing checklist, provisional relief options and practical court practice notes updated for proceedings commenced in 2026.
Whether you hold an ICC, LCIA, SIAC or ad hoc award, the decision pathway below will help you move from award to recovery as efficiently as the reformed Greek system now allows.
Law 5221/2025 was published in the Government Gazette (FEK A 133) on July 28, 2025, and its provisions apply to proceedings filed after that date. The reform’s full title, “Interventions in the Code of Civil Procedure”, understates its scope: it touches procedural acceleration, evidence handling, interim measures and enforcement execution across dozens of CCP articles.
For award‑holders, the reform is broadly favourable: shorter timelines, tighter procedural discipline, and improved provisional relief tools. Respondents, meanwhile, face narrower windows to organise defences. Industry observers expect that the combined effect of these changes will reduce the typical enforcement timeline in the Athens courts by several weeks compared to pre‑reform practice.
| Date | Change | Practical effect |
|---|---|---|
| 28 July 2025 | Law 5221/2025 published (FEK A 133) | Applies to all proceedings filed from this date; transitional rules for pending cases |
| Late 2025 | Courts begin applying accelerated tracks | First hearings scheduled faster; practitioners adjust filing calendars |
| 2026 onwards | Steady‑state application of reformed CCP | Full enforcement lifecycle under new rules; provisional measures practice stabilises |
Before filing, practitioners must determine the correct legal basis for recognition and enforcement. For most cross‑border enforcement in Greece, the New York Convention (NYC) route is the default. However, bilateral treaties and, in limited cases, EU instruments may also apply.
Greece ratified the 1958 New York Convention on the Recognition and Enforcement of Foreign Arbitral Awards and applies it on a reciprocity basis for awards rendered in other contracting states. Where the seat of arbitration is in a country that has a bilateral enforcement treaty with Greece, the treaty may provide a more direct, or occasionally more restrictive, pathway. EU regulations (such as the Brussels I Recast) do not directly apply to arbitral awards, but they govern the enforcement of foreign judgments in Greece and may become relevant where a related court judgment accompanies an award.
| Route | When to use | Pros / Cons |
|---|---|---|
| New York Convention (recognition under CCP) | Foreign arbitral awards from any of the 170+ contracting states; the standard route for enforcement in Greece | Pro: Universally accepted; well‑established Greek case law; limited grounds for refusal. Con: Public policy defence can be raised; requires certified translations and apostille |
| Bilateral / multilateral treaty | Where a specific treaty exists between Greece and the seat state (e.g., certain Balkan or Middle Eastern states) | Pro: May streamline recognition or waive certain formalities. Con: Narrow geographic scope; treaty terms vary |
| EU recognition (for related judgments) | When enforcement concerns a foreign court judgment rather than an arbitral award, or an EU‑derived enforcement title | Pro: Near‑automatic recognition under Brussels I Recast for judgments. Con: Does not cover arbitral awards; separate regime with different forms |
A frequent question is whether a foreign judgment can be enforced in Greece without a fresh trial. The answer is yes, under both the New York Convention (for awards) and the Brussels I Recast Regulation (for EU judgments), Greek courts recognise and enforce foreign titles without re‑examining the merits. The court’s review is limited to verifying procedural regularity, proper service, and the absence of public‑policy violations. This principle remains unchanged by Law 5221/2025 and is well established in Greek jurisprudence.
The following numbered steps trace the complete lifecycle of a New York Convention enforcement application under the reformed CCP. While the exact procedural articles referenced here reflect the post‑5221/2025 framework, the core sequence, file, serve, hearing, judgment, execution, remains structurally consistent with prior practice.
While Greek courts do not prescribe a rigid template, a well‑organised application typically includes the following sections:
| Stage | Statutory / accelerated target | Typical practical time (post‑5221/2025) |
|---|---|---|
| Document assembly and filing | , | 2–4 weeks (depends on apostille/legalisation speed) |
| Service on debtor (domestic) | CCP service rules | 1–2 weeks |
| Service on debtor (abroad) | Hague Service Convention timelines | 4–12 weeks |
| Filing to hearing (recognition) | Accelerated scheduling under 5221/2025 | 3–5 months (Athens); shorter in smaller courts |
| Hearing to enforcement judgment | , | 1–3 months |
| Execution (garnishment, seizure) | , | Additional 4–8 weeks |
A successful enforcement judgment is meaningless if the debtor’s assets have been dissipated in the interim. Provisional measures in Greece, available both before and during recognition proceedings, are a critical tool for creditors seeking to enforce foreign arbitral awards in Greece. Law 5221/2025 refined the interim relief framework, giving courts broader discretion to act quickly where dissipation risk is demonstrated.
Greek law provides for several categories of interim relief in Greece under the CCP. The most common in the enforcement context are:
Applications for provisional measures are heard by the single‑member Court of First Instance sitting in urgent‑procedure (asfalistiká métra) proceedings. In cases of exceptional urgency, the court can grant relief ex parte, without prior notice to the respondent, on the basis of an affidavit demonstrating imminent risk of irreparable harm or asset dissipation.
Critically, a creditor does not need to wait for the enforcement judgment before seeking provisional measures. The application for conservatory attachment or an interim injunction can be filed simultaneously with, or even before, the enforcement application. This parallel filing strategy is especially important when cross‑border enforcement in Greece involves a debtor known to be restructuring or liquidating assets. Once the enforcement judgment is obtained, the conservatory attachment converts into a definitive seizure, and execution proceeds directly against the secured assets.
| Remedy | Purpose | Typical evidence required |
|---|---|---|
| Conservatory attachment / freezing order | Prevent asset dissipation pending enforcement | Urgent affidavit, certified award, evidence of likely dissipation, identified assets |
| Interim injunction | Stop specific acts (transfers, encumbrances) | Evidence of imminent harm, balance of convenience analysis |
| Security deposit / bank guarantee order | Ring‑fence value pending enforcement judgment | Proof of claim, debtor’s financial instability, quantified risk |
Greek courts have a well‑established and generally pro‑enforcement approach to New York Convention awards. The grounds for refusing recognition are narrowly construed and mirror Article V of the NYC. Respondents most commonly raise:
Court fees for enforcement applications are proportional to the value of the award and are generally modest compared to other European jurisdictions. Legal counsel fees are not regulated by a fixed tariff for enforcement proceedings, but practitioners typically charge on a combination of fixed and success‑based fees. The court may, in certain interim relief applications, require the applicant to post a security bond to compensate the respondent if the interim measure proves unjustified, early indications suggest that post‑5221/2025 courts are exercising this power more frequently.
Industry observers note that Greek judges in 2026 are increasingly familiar with international arbitration and the NYC framework. Enforcement applications supported by a complete document pack and clear translations face minimal judicial resistance. The likely practical effect of the accelerated tracks under Law 5221/2025 is that respondents have fewer opportunities for procedural delay, and courts are less tolerant of adjournment requests unsupported by genuine procedural need.
Selecting the right local counsel is the single most important tactical decision when seeking to enforce foreign arbitral awards in Greece. Key criteria include experience with New York Convention enforcement, familiarity with the post‑5221/2025 procedural regime, and the ability to move quickly on provisional relief applications.
Where the debtor holds assets in multiple jurisdictions, consider filing for provisional measures in Greece simultaneously with enforcement applications in other countries. Greek provisional measures protect Greek‑situs assets, real estate, bank accounts held with Greek banks, receivables owed by Greek entities, while parallel proceedings abroad secure assets elsewhere. Coordinating multi‑jurisdictional enforcement requires counsel experienced in cross‑border enforcement in Greece and the interaction between different national procedural regimes.
The Greek Code of Civil Procedure reform under Law 5221/2025 has made it faster and more predictable to enforce foreign arbitral awards in Greece, while strengthening the provisional relief toolkit available to creditors. Success depends on early preparation, assembling a complete document pack, engaging experienced local counsel, and filing for interim measures in parallel where asset dissipation is a risk. For guidance tailored to your specific award and enforcement target, connect with a specialist Greek enforcement lawyer through the Global Law Experts directory.
This article was produced by Global Law Experts. For specialist advice on this topic, contact Nikos Christoforidis at LCI Law, a member of the Global Law Experts network.
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