
The EU’s approval of the “Transportation 2021 – 2027” program marks a great success of the Greek Government, according to minister of Shipping and Island Policy Yannis Plakiotakis. The minister stressed that the coordinated action of the Ministry, in collaboration with the Ministry of Development and Investments and the Special Management Service, as well as the systematic negotiation with the European Commission, led to the securing of 175 million euros for the development of island port infrastructure and 80 million euros for the financing of selected barren lines.
Significant success
As Mr. Plakiotakis noted, “this is a very important success, which dramatically changes the situation for the islanders and our islands. Now, not only the stable and more frequent ferry connection of the islands, both with mainland Greece and between them, is ensured, but also the quality upgrade of the service provided, with better port infrastructure and incentives for the routing of new “green” ships”.
According to Mr. Plakiotakis, these new possibilities, combined with targeted actions for “Navigation safety systems” funded with over 90,000,000 euros and a series of important projects in ports throughout the country, decisively serve the growth of Greek islands and the maritime economy.


Latest News

Public Services in Greece to Go Under Review with New Rating Tool
Public services will receive their evaluation scores and feedback directly, fostering a system of accountability and continuous improvement.

Istanbul Earthquake – Greek Prof. Concerned Major Quake Yet to Strike
Responding to concerns over whether a potential major quake in Istanbul could affect Greece, Papazachos was reassuring: “The fault extends as far as Lemnos and the Northern Sporades, but it doesn’t rupture all at once. An earthquake in Istanbul doesn’t have the capacity to directly affect Greek territory.”

Greece 4th Most Popular Summer Destination for Europeans
Southern Europe remains the top choice for Europeans at 41%, though down 8% from last year, likely due to rising temperatures and climate concerns.

Easter Sales Performance and the Source of €4–5 Million in Losses
Easter retail sales were relatively weak this year, with the only "real winners" being the livestock farmers who had lambs to sell.

Hotel Foreclosures Continue to Plague Greece’s Islands
A surge in hotel foreclosures across Greece’s islands threatens small tourism businesses, despite booming visitor numbers and record-breaking travel in 2024.

Athens Launches Task Force to Safeguard Historic City Center
The new municipal unit will ensure compliance to zoning laws, curb noise, and address tourist rental issues starting from the Plaka district.

WTTC: Travel & Tourism to Create 4.5M New Jobs in EU by 2035
This year, international visitor spending is set to reach 573 billion euros, up by more than 11% year-on-year

IMF: US Tariffs Shake Global Economy, Outlook Downbeat
IMF slashes global growth forecast to 2.8% as U.S. tariffs create uncertainty and ‘negative supply shock

First Step Towards New Audiovisual Industry Hub in Drama
The project is set to contribute to the further development of Greece’s film industry and establish Drama as an audiovisual hub in the region

Airbnb Greece – Initial CoS Ruling Deems Tax Circular Unlawful
The case reached the Council of State following annulment applications filed by the Panhellenic Federation of Property Owners (POMIDA)