
The biggest economic losses per inhabitant related to the climate and the dramatic changes taking place on our planet were recorded by Greece in 2020, as shown by Eurostat data.
In fact, Greece recorded losses per inhabitant almost three times higher than the European average, and more specifically, 91 euros per inhabitant, followed by France (62 euros) and Ireland (42 euros). The lowest losses per inhabitant were recorded in Bulgaria (0.7 EUR per inhabitant), Slovenia and Slovakia (both EUR 4 per inhabitant).
On average the EU, in 2020, recorded climate-related economic losses of €27 per inhabitant.

145 billion euros lost in a decade
Climate change leads to climate-related extreme weather events, which in turn lead to economic losses. Such events, including heat waves, floods and devastating storms, have caused economic losses of more than €145 billion in the EU over the past decade.
Furthermore, the 30-year average of climate-related economic losses shows a clear trend, increasing by almost 2% per year over the past decade, according to estimates by the European Environment Agency.
In 2020, the total climate-related economic losses were €12 billion. The highest amount of these losses was recorded in 2017 (€27.9 billion), more than double that of 2020, as a result of the heatwaves recorded in Europe which caused widespread drought and large fires. The lowest total loss was observed in 2012 (3.7 billion euros).


Latest News

WTTC: Travel & Tourism to Create 4.5M New Jobs in EU by 2035
This year, international visitor spending is set to reach 573 billion euros, up by more than 11% year-on-year

IMF: US Tariffs Shake Global Economy, Outlook Downbeat
IMF slashes global growth forecast to 2.8% as U.S. tariffs create uncertainty and ‘negative supply shock

First Step Towards New Audiovisual Industry Hub in Drama
The project is set to contribute to the further development of Greece’s film industry and establish Drama as an audiovisual hub in the region

Airbnb Greece – Initial CoS Ruling Deems Tax Circular Unlawful
The case reached the Council of State following annulment applications filed by the Panhellenic Federation of Property Owners (POMIDA)

Mitsotakis Unveils €1 Billion Plan for Housing, Pensioners, Public investments
Greek Prime Minister Kyriakos Mitsotakis has announced a new set of economic support measures, worth 1 billion euros, aiming to provide financial relief to citizens.

Alter Ego Ventures Invests in Pioneering Gaming Company ‘Couch Heroes’
Alter Ego Ventures' participation in the share capital of Couch Heroes marks yet another investment by the Alter Ego Media Group in innovative companies with a focus on technology.

Corruption Still Plagues Greece’s Driving Tests
While traffic accidents continue to claim lives on Greek roads daily, irregularities and under-the-table dealings in the training and testing of new drivers remain disturbingly widespread

Pope Francis Died of Stroke and Heart Failure Vatican Confirms
As news of the official cause of death spread, tributes poured in from across the globe. The 1.4 billion-member Catholic Church is united in grief, remembering a pope who championed inclusion, justice, and compassion

Increase in Both Museum Visits, Revenues for 2024
As expected, the Acropolis was the top archeological site in the country, followed by Sounion, Mycenae, the ancient theater of Epidaurus, and Vergina in northern Greece

Where Greece’s Tourists Come From: A Look at 2025’s Top Visitor Markets
The United Kingdom continues to hold the top spot as the largest source of incoming tourism, with 5.6 million seats booked for Greece this summer — up 2.2% from last year. This accounts for 20% of all international air traffic to Greece