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8 clusters · 26 sources · 28 days · First seen · Last updated

Greece water management and utility restructuring

Overview

Greece is implementing comprehensive measures to address water scarcity and management through both domestic funding and regional diplomacy. On the domestic front, the government has allocated 140 million euros under the ESPA 2021-2027 ‘Environment and Climate Change’ framework for holistic water and urban wastewater management. This funding targets specific water supply authorities and local government bodies, including EYDAP S.A. and the municipalities of Kassandra, Rethymno, Corinth, and Alexandroupoli. Further regional efforts include over 6 million euros for the Imathia region to address water quality and network leaks. Building on these infrastructure investments, Greece is advancing a restructuring plan for its water supply sector. The Ministry of Environment and Energy, RAAEEV, EYDAP, and EYATH are collaborating to implement a new institutional framework. This initiative aims to expand the geographic jurisdiction of the two major water companies and gradually integrate municipal services and local water organizations into the new scheme. As of late September 2026, the alignment between Greek domestic policy and the new European Water Initiative has intensified. Major utilities are reporting significant operational shifts. EYATH reported a 14.5% increase in revenues to €47.4 million for the first half of 2026, though net profits decreased by 22% to €2.6 million. Meanwhile, EYDAP is entering a digital transformation phase, with CEO Harris Sahinis highlighting an upcoming €300 million project for smart digital meter installation. At the 9th Infrastructure and Transport Conference in late September 2026, the scale of national investment was further detailed. Special Secretary Charalampos Mugdalis announced that over 50 major hydraulic projects, totaling €1.2 billion, are underway to transition from reactive repairs to proactive fortification. These projects focus on water supply, irrigation, and flood protection, including the Myrtos dam in Crete and the Asopos dam in Corinthia.

Entities

EYDAP S.A. · Greece · Ministry of National Economy and Finance · EYATh · Ministry of Environment and Energy

Timeline

  1. [BUSINESS] 4 sources
    Greece implements €1.2 billion in hydraulic infrastructure projects

    Greece is implementing over 50 major hydraulic projects worth €1.2 billion to bolster water management and flood protection against the climate crisis, according to Ministry officials at ITC 2026.

  2. [BUSINESS] 11 sources
    Greece reports diverse H1 2026 corporate earnings and investment plans

    Greek companies report varied H1 2026 results, with strong growth in energy, infrastructure, and maritime sectors, alongside significant investment plans and rising travel costs.

  3. [POLITICS] 7 sources
    European Union prioritizes water management and infrastructure

    The EU is launching a new Water Initiative to treat water as critical infrastructure, focusing on climate resilience and investment, with Greece aligning its national policies to this framework.

  4. [BUSINESS] 2 sources
    Greece advances water utility mergers and restructuring

    Greek authorities are implementing a restructuring of the water sector, expanding the reach of EYDAP and EYATH through a new institutional framework and upcoming regulatory assessments.

  5. [POLITICS] 2 sources
    Central Macedonia Region funds water projects in Veria and Naoussa

    The Central Macedonia Region is investing over 6 million euros in ESPA funds to upgrade drinking water networks and ensure water quality in the Veria and Naoussa municipalities of Imathia, Greece.

  6. [BUSINESS] 3 sources
    Greece allocates €140 million for water and wastewater projects

    Greece is allocating €140 million via the ESPA 2021-2027 program for pilot water management and wastewater treatment projects in four key regions.

  7. [POLITICS] 2 sources
    Greece launches National Water Strategy to advance Balkan water diplomacy

    Greece's new National Water Strategy elevates water management to a foreign policy priority, emphasizing ‘water diplomacy’ and cooperation with Balkan neighbors to combat regional scarcity.

  8. [BUSINESS] 2 sources
    Greece allocates 140 million euros for water management via ESPA

    Greece allocates 140 million euros from ESPA for water management projects, while contractors seek clarity on price revision rules for public works to avoid project delays.

Sources

best-tv.gr · biskotto.gr · businessdaily.gr · capital.gr · cnn.gr · cretaone.gr · economix.gr · ecozen.gr · ekriti.gr · energygame.gr · ertnews.gr · gargalianoionline.gr · iefimerida.gr · insider.gr · madata.gr · mononews.gr · newmoney.gr · ot.gr · powergame.gr · sofokleousin.gr · tanea.gr · tharrosnews.gr · thessnews.gr · tovima.gr · ypodomes.com · zougla.gr

This summary has been updated 8 times: see revision history