Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking & Finance Review®

Global Banking & Finance Review® - Subscribe to our newsletter

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2026 GBAF Publications Ltd - All Rights Reserved. | Sitemap | Tags | Developed By eCorpIT

    Editorial & Advertiser disclosure

    Global Banking & Finance Review® is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Top Stories > Greece to spend 780 million euros to protect marine biodiversity, PM says
    Top Stories

    Greece to spend 780 million euros to protect marine biodiversity, PM says

    Published by Jessica Weisman-Pitts

    Posted on April 15, 2024

    2 min read

    Last updated: January 30, 2026

    Prime Minister Kyriakos Mitsotakis discusses Greece's 780 million euro plan to protect marine biodiversity and combat coastal pollution, highlighting new marine parks in the Ionian and Aegean Seas.
    Prime Minister Mitsotakis announcing Greece's marine biodiversity initiatives - Global Banking & Finance Review
    Why waste money on news and opinion when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Tags:sustainabilityClimate Change

    Quick Summary

    ATHENS (Reuters) – Greece is pushing ahead with 21 initiatives worth 780 million euros ($830.9 million) to protect marine biodiversity and tackle coastal pollution, Prime Minister Kyriakos Mitsotakis said on Monday ahead of an international conference.

    Greece to spend 780 million euros to protect marine biodiversity, PM says

    ATHENS (Reuters) – Greece is pushing ahead with 21 initiatives worth 780 million euros ($830.9 million) to protect marine biodiversity and tackle coastal pollution, Prime Minister Kyriakos Mitsotakis said on Monday ahead of an international conference.

    Greece, which includes thousands of islands and which has the longest Mediterranean coastline of any littoral state, said last week it plans to create two marine parks, one in the Ionian Sea and one in the Aegean Sea, as part of the initiatives.

    “Quietly but methodically, Greece is playing a leading role in the defence against dramatic climate changes, which are proven to affect every region and every activity,” Mitsotakis said in an article published in Kathimerini newspaper.

    Greece plans to present its national strategy on marine biodiversity protection at the “Our Ocean” conference, which Athens will host this year and which will be attended by dozens of countries.

    The European Union’s Copernicus Climate Change Service said last month that ocean temperatures hit a record high in February, in a dataset that goes back to 1979. Overfishing and plastic pollution are also major threats to oceans.

    Plastics entering the world’s oceans could nearly triple by 2040 if no further action is taken, research has shown.

    The Greek marine parks, whose boundaries will be defined after scientific research by early 2025, will cover 32% of Greece’s waters, Mitsotakis said.

    The plan for a marine park in the Aegean Sea has irritated neighbouring Turkey, which said last week that it was not willing to accept a possible “fait accompli on geographical features whose status is disputed”. In response, Greece accused Turkey of “politicising a purely environmental issue”.

    NATO allies Greece and Turkey have long been at odds over a range of issues including maritime boundaries and claims over their continental shelves in the Mediterranean.

    Mitsotakis said other initiatives underway include campaigns to curb plastic pollution, setting up a monitoring system for protected marine areas because fishing practices that damage the seabed will be prohibited, and constructing charging stations at 12 ports for electric vessels.

    Protecting the sea, he said, is one of the four pillars of Greece’s strategy against climate change.

    ($1 = 0.9387 euros)

    (Reporting by Renee Maltezou; Editing by Gareth Jones)

    Frequently Asked Questions about Greece to spend 780 million euros to protect marine biodiversity, PM says

    1What are marine parks?

    Marine parks are protected areas in oceans or seas designated for conservation purposes, allowing ecosystems to thrive while restricting certain human activities like fishing or development.

    2What is climate change?

    Climate change refers to significant changes in global temperatures and weather patterns over time, primarily driven by human activities such as burning fossil fuels and deforestation.

    3What is overfishing?

    Overfishing occurs when fish stocks are depleted faster than they can replenish, leading to a decline in fish populations and disrupting marine ecosystems.

    More from Top Stories

    Explore more articles in the Top Stories category

    Image for Lessons From the Ring and the Deal Table: How Boxing Shapes Steven Nigro’s Approach to Banking and Life
    Lessons From the Ring and the Deal Table: How Boxing Shapes Steven Nigro’s Approach to Banking and Life
    Image for Joe Kiani in 2025: Capital, Conviction, and a Focused Return to Innovation
    Joe Kiani in 2025: Capital, Conviction, and a Focused Return to Innovation
    Image for Marco Robinson – CLOSE THE DEAL AND SUDDENLY GROW RICH
    Marco Robinson – CLOSE THE DEAL AND SUDDENLY GROW RICH
    Image for Digital Tracing: Turning a regulatory obligation into a commercial advantage
    Digital Tracing: Turning a regulatory obligation into a commercial advantage
    Image for Exploring the Role of Blockchain and the Bitcoin Price Today in Education
    Exploring the Role of Blockchain and the Bitcoin Price Today in Education
    Image for Inside the World’s First Collection Industry Conglomerate: PCA Global’s Platform Strategy
    Inside the World’s First Collection Industry Conglomerate: PCA Global’s Platform Strategy
    Image for Chase Buchanan Private Wealth Management Highlights Key Autumn 2025 Budget Takeaways for Expats
    Chase Buchanan Private Wealth Management Highlights Key Autumn 2025 Budget Takeaways for Expats
    Image for PayLaju Strengthens Its Position as Malaysia’s Trusted Interest-Free Sharia-Compliant Loan Provider
    PayLaju Strengthens Its Position as Malaysia’s Trusted Interest-Free Sharia-Compliant Loan Provider
    Image for A Notable Update for Employee Health Benefits:
    A Notable Update for Employee Health Benefits:
    Image for Creating Equity Between Walls: How Mohak Chauhan is Using Engineering, Finance, and Community Vision to Reengineer Affordable Housing
    Creating Equity Between Walls: How Mohak Chauhan is Using Engineering, Finance, and Community Vision to Reengineer Affordable Housing
    Image for Upcoming Book on Real Estate Investing: Harvard Grace Capital Founder Stewart Heath’s Puts Lessons in Print
    Upcoming Book on Real Estate Investing: Harvard Grace Capital Founder Stewart Heath’s Puts Lessons in Print
    Image for ELECTIVA MARKS A LANDMARK FIRST YEAR WITH MAJOR SENIOR APPOINTMENTS AND EXPANSION MILESTONES
    ELECTIVA MARKS A LANDMARK FIRST YEAR WITH MAJOR SENIOR APPOINTMENTS AND EXPANSION MILESTONES
    View All Top Stories Posts
    Previous Top Stories PostDollar jumps, yen weakest since 1990 after strong U.S. retail sales
    Next Top Stories PostUK fintechs ask government for help to ease capital shortages