Thessaly - Economy

Economy

The alluvial soils of the Pineios Basin and its tributaries make Thessaly a vital agricultural area, particularly for the production of grain, cattle, and sheep. Modernization of agricultural practices in the mid-twentieth century has controlled the chronic flooding that had restricted agricultural expansion and diversification in the low-lying plains. Thessaly is the leading cattle-raising area of Greece, and Vlach shepherds shift large flocks of sheep and goats seasonally between higher and lower elevations. The last decades, there is a rise in cultivating dried nuts such as almonds, pistachios and walnuts especially in the region of Almyros. Rise in the number of olive oil trees have been also observed. The nearly landlocked Gulf of Pagasai provides a natural harbor at Volos for shipping the agricultural products from the plains just to the west and chromium from the mountains of Thessaly.

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