“Greece Takes a Pivotal Step Toward Gender Balance in Corporate Governance”

We are delighted to share our latest article in IFLR titled Greece Takes a Pivotal Step Toward Gender Balance in Corporate Governance”, where Partner and Head of our Corporate and M&A, Evi Tsilou, and Counsel, Vicky Koutsopoulou, analyze Greek Law 5178/2025 implementing the EU Women on Boards Directive. This transformative legislation introduces new gender quotas, reporting requirements, and sanctions for non-compliance, marking a significant leap toward gender equality in Greek boardrooms.

Key Takeaways:
25-33% female representation
 on boards of listed & large non-listed companies
Transparent selection criteria prioritizing underrepresented candidates
Special annual report on gender balance, submitted to regulators
Sanctions for non-compliance, with public naming & shaming
“Gender Equality Seal” for compliant companies as a competitive advantage

This law is a major milestone for Greece, where women remain underrepresented in leadership. While enforcement details are still pending, the shift toward a diverse, merit-based governance is undeniable.

Read our full analysis in IFLR at the link: https://www.iflr.com/article/2emarhhf2nk8dv3ffz56o/sponsored/greece-takes-pivotal-step-in-corporate-governance-and-gender-diversity

You can download the article here

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