World
Santorini tourists
(Aris Oikonomou/Getty Images)

Santorini is swamped with thousands of tourists

European overtourism remains rife this summer

There’s been a recurring pattern in headlines coming out of Europe in recent months (besides high-stakes election results and its precarious position on the financial world stage): overtourism.

Greece is the word

Santorini, a stunning and ultimately-Instagrammable Greek island, is the latest European summer hotspot to become completely overrun by holidaymakers, with 11,000 cruise ship passengers descending on the Aegean isle in a single day. Santorini's 15,500 residents, who were urged to stay inside by authorities, were understandably pretty vexed

The island sits alongside other footfallen destinations like Barcelona, where locals have protested against the impact of overtourism, as the continent adapts to a post-pandemic travel boom. In April, for example, Venice introduced a ~$5 entry fee to the city during peak season, while other locations have been hiking tourist tax rates or capping visits.

Greece tourism
Sherwood News

Dealing with overtourism is a delicate game, though: Santorini reportedly derives 90% of its GDP from foreign visitors each year, as the number of people visiting Greece and its vast network of picturesque islands continues to grow. According to data from the Bank of Greece, the nation welcomed just over 14 million inbound travellers in 2005 — that figure sat at a record 36.1 million last year, and is apparently on track to rise even higher in 2024. 

The scenes out of Santorini, and those unfolding across the continent more broadly, don't do much to combat a charge made in a recent viral TikTok video that much of Europe has morphed into "Disneyland for Americans".

More World

See all World
world

UK prime minister vows to take action against Elon Musk’s X over AI-generated images of minors, as Grok limits image generation to paid users

Sir Keir Starmer has vowed to “take action” against Elon Musk’s X over its AI tool Grok producing sexualized images of children.

Speaking on Thursday, the UK premier called the images “unlawful” and urged the social media platform to “get their act together and get this material down,” as public outrage mounts over Grok generating explicit deepfakes on X.

Six themes cover GIF

Charting six major trends to keep watching in 2026

We’ve made a lot of charts this year — here are some of the biggest trends of 2025 and where we think they might go in the 12 months ahead. And no, it’s not just about AI.

Latest Stories

Sherwood Media, LLC produces fresh and unique perspectives on topical financial news and is a fully owned subsidiary of Robinhood Markets, Inc., and any views expressed here do not necessarily reflect the views of any other Robinhood affiliate, including Robinhood Markets, Inc., Robinhood Financial LLC, Robinhood Securities, LLC, Robinhood Crypto, LLC, or Robinhood Money, LLC.