After a repose time of several years, intense, shallow seismic activity sta
rted at the end of 1995 in the volcanic region of Nisyros island. By the en
d of October 1997, hundreds of shocks had been recorded, the largest one be
ing that of 27 August 1997 with M-s = 5.3. The activity is highly clustered
in space and time, while the b-value of the magnitude-frequency relation w
as found equal to 1.67. Similar b-values were determined from Nisyros seism
icity registered between 1911 and 1980 and from a 1997 microearthquake data
set. These properties seem to be a characteristic of the region, rather tha
n precursor of a forthcoming eruption and make Nisyros similar to other lar
ge calderas of the Earth where the episodic unrest with local swarm-like ea
rthquake sequences separated by months or years is a typical pattern that d
o not culminate in a volcanic eruption.