Future-Proofing Paradise: €35 Billion Needed to Sustain Greek Islands by 2035
Santorini The Greek islands, long celebrated as jewels of global tourism, face a critical challenge: without significant infrastructure upgrades, their appeal could falter in the coming decade. A new study by the National Bank of Greece (NBG) estimates that €35 billion in investment is required by 2035 to safeguard the islands’ competitiveness on the world stage. The report highlights urgent needs across transport, energy, water, and waste management systems , all of which are under mounting pressure from rising visitor numbers. Nearly half of all foreign tourists to Greece choose the islands, underscoring their central role in the nation’s economy. But the challenge extends beyond financing. The NBG stresses the importance of a modern governance framework to coordi...
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