Tag: Disaster Preparedness

santorini

Greek Authorities Monitor Mild Seismic Activity in Santorini

Greek authorities are closely monitoring mild seismic activity in the Santorini caldera, with experts noting increased movement in the Kameni fault. While the activity resembles the 2011-2012 period, which concluded without an eruption, officials emphasize that there is no immediate cause for concern. Continuous monitoring and preventive measures remain a priority to safeguard residents and visitors.

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Greek Government Launches 2025 Tax Discount Program for Insured Homes

Homeowners in Greece can now apply for a real estate tax (ENFIA) discount if their properties are insured against natural disasters, including earthquakes, fires, and floods. Starting in 2025, properties insured for at least a year will receive a tax reduction of up to 20%, with eligibility based on the home’s value. The application process, which involves insurance companies submitting data to the Independent Authority for Public Revenue (AADE), opens on January 15 and runs until February 14, 2025.