I would have thought the chances of anything occurring are very small indeed. Far more dangerous is the trip from the airport to your hotel or hiring a car! I have walked around on this volcano 20yrs ago when it was also 'waking up' and it had active fumaroles. Nothing much has happened in the intervening years but of course one day it will. There probably be clear signs of this happening and at the moment it's only background. I have just returned from the canaries where there is quite a bit of volcanic activity but I didn't loose any sleep over it. Enjoy your holiday.

Thank You for answer!

To all who want to travel to Santorini in 2012!

Do not worry about the status of Santorini volcano. Even there are changes, it will take years or even decades until a new eruption may take place.

Thank You very much, this answer was really important for me!

There were no unusual earthquakes to speak of...

yeah ok. It was just a suggestion because there is a probability to have seismic activity after a huge solar blast. I dont know where on earth but just in case because of the ongoing phenomenon i said to watch out :)

Πιστεύεται ότι όλα αυτά έχουν σχέσει με τους γύρο σεισμούς?

Not impossible! Although this would be extremely surprising, but I have the same suspicion, as the location is on the volcanic SW-NE alignment where activity has occurred.

Volcano hot spots change there position on fault lines on ocasionaly as in hawaii,the canairies and indead the great yellowstone caldera super volcano.

Such changes in the location of volcanic activity are determined by the velocity with which the plates move.

thanks tom. I live here and at the moment the rumours are flying around - so much so that people are leaving this weekend, just in case !! Thankyou for putting my mind at rest.