The Greek government, led by Prime Minister Kyriakos Mitsotakis, has launched a €5 billion fund aimed at investing in renewable energy, electric interconnections, and water infrastructure in the country’s islands. The fund includes €1.6 billion in immediate capital, with additional funding leveraged from private sources. It seeks to address energy and water scarcity issues while promoting green energy, enhancing competitiveness, and improving daily life for island residents. Major projects are set to commence by 2025, impacting both the economy and tourism.