The Greek government is reportedly considering a mini aid package for Santorini, to be activated if the island’s seismic activity persists for an extended period.
According to sources from the Ministry of National Economy and Finance, should the phenomenon continue beyond Easter, a financial relief plan will likely be introduced.
Lawmakers representing the affected region have stressed the urgent need to support local businesses struggling with the unprecedented situation.
The first signs of impact on Santorini’s tourism industry have already emerged, with a significant drop in bookings ahead of the summer season being observed. Concerns are also growing over potential declines in Easter tourism.
A prolonged seismic threat could lead to cancellations, reduced visitor numbers, and revenue losses, while other sectors like agriculture and trade are also expected to suffer due to decreased demand and a potential labor shortage.
Some officials are advocating that the aid package for Santorini should include measures to facilitate the hiring of foreign workers if the local labor supply falls short during the summer season.
Beyond employee suspensions—already in effect—the Greek Confederation of Commerce and Entrepreneurship (ESEE) is calling for targeted relief for small businesses, self-employed individuals, and sole proprietors in Santorini, in order to cover immediate expenses.
ESEE is also urging authorities to extend all Covid-era business support measures to the Municipality of Thira and extending economic aid to affected neighboring islands.
Meanwhile, the Greek Workers Union (GSEE) is requesting that worker compensation in Santorini and Amorgos exceed the current 534 euros allowance and instead be set at a minimum of 82% of the prevailing minimum wage, with full coverage of social security contributions.
Additionally, GSEE is advocating for the suspension benefit scheme to cover not only businesses operating year-round but also seasonal enterprises that run for up to nine months annually.
