ECONOMY

Scheme offering subsidized farmland attracts young Greeks

Eight in 10 of the people who have taken advantage of a scheme to offer public land for farming at low rates are under the age of 35, according to figures published on Monday.

OPEKEPE, the state organization overseeing the program, which was launched late last year with the help of local authorities, says that more than 4,000 people have applied.

However, so far only 243 applications have been approved.

Of those applicants, 57 percent are under 35 and have farming-related degrees, while another 24 percent are under 35 without knowledge of farming.

Applicants can lease the land for five euros per 0.1 hectares, up to a maximum of 10 hectares.