Data Centers in Greece

Greece – Emerging Gateway to Southeastern Europe

Executive Summary

Greece is rapidly emerging as a strategic digital hub for businesses targeting Southeastern Europe, the Balkans, and the Eastern Mediterranean. Its growing ecosystem of data centers provides a crucial foothold for improving application performance, reducing latency, and ensuring data sovereignty for a large and developing user base. For companies looking to expand their reach into this region, Greece offers a compelling combination of improving connectivity and competitive operational costs.

Greece: At A Glance

Network & Connectivity Ecosystem

Carrier Density & Carrier Neutrality With over 17 network providers operating in the country as of September 2025, Greece offers a healthy and competitive connectivity market. Businesses can access a variety of domestic and international carriers within carrier-neutral facilities, ensuring resilient and diverse network architectures.

Direct Cloud On-Ramps The market features 1 direct cloud on-ramp, enabling dedicated access to 1 cloud region as of September 2025. Currently, this includes AWS, allowing enterprises to establish reliable, low-latency hybrid cloud environments.

Internet Exchange Points (IXPs) The primary exchange is the Greek Internet Exchange (GR-IX), which facilitates efficient domestic traffic peering and lowers latency for local users. The presence of a strong national IXP is critical for content delivery, cloud services, and overall internet performance within the country.

Bare Metal Bare metal solutions are available from providers such as Hivelocity and phoenixNAP, offering dedicated compute for performance-sensitive workloads.

Power Analysis

Average Cost Of Power The average cost for industrial power in Greece is approximately €0.09/kWh, as of July 2025. This competitive rate helps manage operational costs for power-intensive infrastructure, making it an attractive location for colocation and large-scale deployments. The grid mix is primarily fossil fuels (around 60%) and a growing share of renewables (around 40%).

Power Grid Reliability The power grid is generally reliable in the major metropolitan areas where data centers are located. Modern facilities are supported by redundant power feeds, multiple substations, and robust on-site backup generation systems to ensure high levels of uptime.

Market Access, Business & Tax Climate

Proximity To Key Business Districts Data centers in Greece are primarily concentrated around Athens, providing low-latency access to the country's main financial, shipping, and technology sectors. This proximity is ideal for enterprises that require high-speed connectivity to their core business operations.

Regional Market Reach Strategically located at the crossroads of Europe, Asia, and Africa, Greece serves as a digital bridge to the Balkans, Southeastern Europe, and the Eastern Mediterranean. Deploying infrastructure here allows businesses to effectively reach millions of end-users across the region with improved performance.

Tax Advantage For Data Centers While Greece does not currently offer specific tax incentives for data center development, the government is exploring policies to attract foreign investment. Businesses operate under a clear and predictable corporate tax structure.

Natural Disaster Risk

Greece has a Low overall natural disaster risk profile, with an INFORM Risk score of 3 out of 10, as of September 2025. While the aggregate risk is low, specific hazards should be considered for infrastructure planning and site selection.

The primary natural risks for the country include:

• Earthquake: 8.1/10
• Tsunami: 7.2/10
• Coastal Flood: 5.0/10
• River Flood: 3.8/10

Modern data centers in the region are engineered to meet stringent seismic building codes and other local regulations to mitigate these specific risks effectively.