Greece has declared a state of emergency on the popular tourist island of Santorini after a series of earthquakes rocked the region for more than a week. The strongest tremor, measuring 5.2 on the Richter scale, struck Wednesday, February 5, raising concerns about the island’s stability. About one-third of Santorini’s 15,000 residents have already been forced to evacuate. Smaller tremors continue to be recorded, keeping the local population on edge.
The ongoing seismic activity in Santorini threatens not only the island’s physical landscape but also its economic stability. According to a recent analysis by the National Bank of Greece (NBG), the tremors have the potential to disrupt one of Greece’s most valuable economic…
