The Greek government is ready to announce a new program focusing on the development of greenhouse cultivation as a strategic response to both climate change impact and to enhance its imports, with a budget of 600 million euros, by the end of this year.
The greenhouse sector is already one of the most dynamic areas within the primary sector and presents a viable solution to the pressing issues caused by the climate crisis.
Currently, Greece has 48,720 hectares of greenhouse space out of a total of 28.2 million hectares of cultivated land, with 8,319 greenhouse operations. Compared to the Netherlands, a similar sized county which has 120,000 hectares of greenhouse space, this is very low.
The benefits of greenhouse cultivation are clearly evident in tomato production. Outdoor tomato yields reach approximately 3 tons per hectare, while greenhouse tomatoes can produce up to 13.5 tons per hectare.
The aim of the greenhouse development program is to reduce costs by improving efficiency. According to the plan from the Ministry of Rural Development and Food, energy use in greenhouses is expected to drop by 30%, and water consumption for irrigation will see significant reductions as well.
The program’s funding will be structured as follows: 50% will come from the Rural Development Program (RDP), 35% will be covered through bank loans, and the remaining 15% will be provided by private capital.
It should be noted that areas affected by natural disasters and those in the Northern Aegean will receive an additional 10% in funding support.
Eligible beneficiaries will include both individuals and legal entities, as well as collective agricultural organizations such as producer groups, producer organizations, agricultural cooperatives, and their unions.
On the other hand, entities already receiving funding from other sectoral programs will be excluded from this program.
Source: tovima.com
Latest News
Economist: Greece Included in the Best Performing Economies in 2024
Meanwhile, Northern European countries disappoint, with sluggish performances from the United Kingdom and Germany.
EasyJet Expands Its Routes from Athens
The airline’s two new routes will be to London Luton and Alicante and they will commence in summer 2025.
Capital Link Forum Highlights Greece’s Economic Resurgence; Honors BoG Gov Stournaras
Capital Link Hellenic Leadership Award recipient, Bank of Greece Gov. Yannis Stournaras, an ex-FinMin, was lauded for his pivotal role during Greece’s economic recovery
Tourist Spending in Greece Up by 14%, Visa Card Analysis Shows
Greece’s capital Athens emerged as the most popular destination, recording a 17% increase in transactions with Visa cards, surpassing even the cosmopolitan island of Mykonos.
Inflation in Greece Unchanged at 2.4% in Nov. 2024
The general consumer price index (CPI) posted a 0.4% decrease in November compared to the previous month
2024 Christmas Holidays: Extended Shop Hours Schedule
The 2024 Christmas Holidays extended shop hours schedule commences on Thursday, December 12 and runs until the end of the year.
ELSTAT: Seasonally Adjusted Unemployment Down in October
The number of employed individuals reached 4,284,694, an increase of 67,723 compared to October 2023 (+1.6%) and 22,002 compared to September 2024 (+0.5%).
Greek PM’s Chief Economic Adviser Resigns
In the post on his Facebook page, Patelis did not disclose the reasons that led him to step down.
“Masdar Invests in the people of Greece and in the vision of TERNA ENERGY”
Four messages from the CEO of Masdar, the Arab renewable energy giant, after its acquisition of 70% of TERNA ENERGY
Lloyd’s List Greek Shipping Awards 2024: Honors for leading companies and personalities in the Greek shipping sector
20 awards presented at the 21st annual Lloyd's List Greek Shipping Awards