A little-noticed provision tucked into a draft bill from Greece's Ministry of National Economy and Finance is stirring controversy over concerns it could quietly benefit a privileged few while weakening financial transparency. The provision, Article 260 of the new Customs Code legislation currently under public consultation, introduces a special exemption from Greece's mandatory public offer rules-a core mechanism intended to protect minority shareholders when someone acquires a controlling stake in a listed company. Under current Greek law, anyone who acquires more than 33% of a publicly listed company must make a public offer to buy out the remaining shareholders. However, the new provision would waive that requirement in cases where the shares are transferred into a legally established trust abroad, provided certain family-related conditions are met. Specifically, if the transfer takes place during the lifetime of the shareholder...