meta_id 3326324

On July 10, 2026, Greece published Law 5317/2026 in the Official Government Gazette, transposing multiple European Union directives into Greek law. The legislation strengthens consumer protections across consumer credit contracts, financial services, and distance contracts concluded outside premises or electronically. The Hellenic Banks Association (HBA) published notice of the law's enactment. Law 5317/2026 transposes European Union Directives 2017/828, 2023/2225, 2023/2673, 2024/825, 2024/1799, and 2026/74. The law addresses consumer credit matters including expanded scope of application, enhanced transparency in advertising, and improved consumer information requirements. It establishes mandatory creditworthiness assessment procedures and introduces consumer rights including withdrawal rights and early repayment options. The legislation also incorporates provisions on distance provision of financial services, implementing Directive 2023/2673 into Greek national law. Key provisions regulate pre-contractual information for distance financial services, withdrawal rights, adequate explanations to consumers, and consumer protections regarding use of web interfaces. The consumer credit provisions become effective on November 20, 2026. The provisions governing distance provision of financial services take effect on the law's publication date in the Government Gazette, which occurred on July 10, 2026. All credit institutions and financial service providers operating in Greece must comply with the new requirements by these effective dates. **Reference:** Official Government Gazette (Φ.Ε.Κ.) A' 108/10.07.2026