Greece’s Ministry of National Economy and Finance will table a bill on unclaimed inheritances and urges faster cross-border M&A

Greece’s Ministry of National Economy and Finance published remarks by Minister Kyriakos Pierrakakis from the Green Deal Greece 2025 conference, setting out an agenda to attract more foreign capital by accelerating strategic partnerships around state-linked assets and supporting cross-border mergers and acquisitions. He also flagged planned legislation to identify and value certain assets and bring unclaimed inheritances into a new framework so they can be surfaced and utilised. Pierrakakis argued Greece is becoming more investment-friendly and pointed to what he described as “quick wins” in finding strategic investors for assets held in the Hyperfund and other state structures. He framed cross-border mergers and acquisitions as a core issue being discussed at ECOFIN and the Eurogroup following the Draghi reports, with the aim of moving from 27 markets to a single market, and cited examples including UniCredit–Alpha Bank, Euronext’s proposal for Athens Exchange, and Credia Bank in Malta. He also linked investment prospects to energy and infrastructure themes, referencing discussions expected in Athens on a “vertical corridor”, LNG, and Greece’s role in Europe’s energy landscape, and said a private-sector catalyst will be needed as the Recovery Fund winds down. He indicated that “unprecedented” strategic partnerships and investments involving organisations with Greek state participation should materialise over the next 12 months, and that the unclaimed inheritances bill will be brought to Parliament, without providing a specific timetable.