Tag: agriculture

Greece Cuts VAT for Small Islands, PM Calls Move a ‘Correction of Injustice’

Greece’s Prime Minister Kyriakos Mitsotakis has announced a VAT reduction for all islands with fewer than 20,000 residents, calling it a “correction of a great injustice.” The measures, taking effect in January, will benefit Limnos, Agios Efstratios, and other small Aegean communities, alongside property tax relief for villages under 1,500 residents.

Greece launches new IOM-backed scheme to train migrants for the labour market

Greece has launched a new training scheme for refugees and migrants with residence permits, supported by the International Organization for Migration (IOM). Funded by the EU’s Recovery and Resilience Facility, the programme focuses on key sectors such as agriculture, construction and tourism, while also offering tailored opportunities for women to boost employment and social inclusion.

Greek Olive Oil Faces New Rival as China Rises in Global Market

China’s olive oil industry is booming, posing a challenge to Greece’s cherished “liquid gold.” With a market surpassing 8 billion RMB and growing at 8-10% annually, Chinese brands like Luhua and Doriti are gaining traction. From 2018 to 2023, China’s olive cultivation area expanded by 69%, particularly in provinces like Gansu and Sichuan. Meanwhile, Greek olive oil exports to China have dropped sharply, from €1.33 million in 2000 to €795,000 in 2024. As China’s production rises, will Greek tables soon feature Chinese olive oil?

Greece Tackles Water Crisis with Bold National Plan

As Greece grapples with a severe drought depleting Athens’ reservoirs to historic lows, the government is set to unveil a National Water Plan to combat water scarcity. The strategy includes merging over 700 municipal water companies into three major entities, expanding the roles of EYDAP and EYATH, and creating a new fund for dams and desalination plants. With temperatures soaring to 43°C and climate change intensifying, Prime Minister Kyriakos Mitsotakis will lead discussions today to finalize measures aimed at securing water for millions.

Water Emergency in Greece: Underground Reserves Face Collapse

Greece is facing a dire water crisis as overexploitation and drought threaten its vital groundwater reserves. Regions like the Cyclades, Eastern Argolida, and parts of Halkidiki are nearly without potable water, while Attica’s reservoirs may last only two years. Overuse by agriculture and tourism, coupled with poor management, has led to plummeting water levels and seawater intrusion in coastal areas. Experts warn that without urgent action—such as curbing illegal extraction and rethinking water-intensive practices—Greece’s water future looks increasingly dry.

Arcadia Wildfire Threatens Villages, Emergency Teams Respond

A fierce wildfire erupted Wednesday between Veligosti and Leontari in Arcadia’s Municipality of Megalopolis, Greece, scorching dense agricultural and forested land near a residential area. Over 46 firefighters, backed by ground teams, vehicles, aircraft, and helicopters, are battling the blaze, with local authorities providing water tankers and machinery to curb its spread.

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