On Thursday, the Greek Parliament voted in favor of a bill on the management of assets confiscated as a result of criminal activity, introduced in Parliament by the Ministry of Finance.
In comments ahead of the vote, Deputy Finance Minister Apostolos Vesiropoulos said the new law means Greece follows the practice of other countries. EUsuch as Belgium, France and Spain. The law also requires the creation of a central online registry of all types of confiscated assets, tangible or not.
The bill was approved, in principle, only by the votes of New Democracy. The main opposition, SYRIZA-Progressive Alliance, abstained from the vote as announced earlier this year, PASOK-Movement for Change (KINAL) voted in favor of “present” and the Communist Party, Hellenic Decision and MeRA25 voted against.
The bill also included a provision to create what it called “a new private pension and investment scheme that could be provided by a wide range of financial institutions across the EU, such as credit institutions, insurance companies and investment companies.”
The new scheme will be called the Pan-European Individual Pension Product and will be available in tandem with existing national private pension schemes and will also complement the public and professional pension systems.
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