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The Greek Current
The Greek Current

Is Greece's economy ready for climate change?

Over the past decades we’ve heard a lot about the potential impacts of climate change, from rising temperatures to wildfires and droughts. Greece is on the frontline of many of these shifts. Today we’re taking a closer look at how climate change will impact Greece’s economy. Nikos Vettas, the General Director of the Foundation for Economic and Industrial Research and a Professor of Economics at the Athens University of Economics and Business, joins Thanos Davelis as we break down the challenges and opportunities for Greece’s economy.

You can read the articles we discuss on our podcast here:

Climate change to cost up to 327,000 jobs

Competitiveness deficit shows no sign of easing

Greek PM opens door to a shift on nuclear power

Armenia's Pashinyan, Turkey's Erdogan to hold 'historic' talks amid Iran-Israel war

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The Houthis and the Red Sea crisis, Turkish threats in the Aegean, and political turmoil in Serbia

This week we’re traveling around the region, moving from the Red Sea to the Balkans.While the Iran war has disrupted energy flows through the Strait of Hormuz, the world’s attention shifted to another major global chokepoint at the mouth of the Red Sea this past week, the Bab-el Mandeb Strait, as Iran-backed Houthi rebels tighten their grip over this strategic maritime route and threaten Saudi...

Mitsotakis sets the stage for 2027, Europe's far-right dilemma, and a message of stability from Greece, Cyprus and Egypt

Prime Minister Kyriakos Mitsotakis stepped up to the podium at the Thessaloniki International Fair last Saturday to lay out his government’s economic agenda for the upcoming year in a speech that essentially set the stage for national elections in 2027.Aside from presenting a 2.2-billion-euro package for next year, he also laid out a roadmap to 2030 that includes reducing unemployment, raising...

Greece and Israel's €3B defense deal, Turkish-Israeli tensions, and the evolving debate over Greek tourism

On Monday Greek and Israeli officials met in Tel Aviv to sign the largest bilateral defense contract between the two countries, a deal worth just over €3 billion that will see the implementation of the Achilles Shield, Greece’s first multi-domain defence dome set to cover all of Greece’s territory.It’s important to note that this agreement also signals Greece’s intent to bolster its own defense...