Since the 2008 financial crisis there has been increased interest in apprenticeships in Greece, largely due to the perception that apprenticeships, in comparison to academic studies, may improve the employment prospects of young people. Before this time, there had been little interest in vocational education and training (VET) and consequently few efforts to develop the VET system. This exploratory article focuses on training, a crucial aspect of apprenticeship programmes, and offers a critical overview of key dimensions of the training content of apprenticeships in Greece. The article draws on the findings of a large‐scale, mostly qualitative research project (carried out between December 2015 and March 2017), which aimed at reviewing the Greek apprenticeship system and gathered, inter alia, the views of 150 individuals representing different groups of stakeholders. It is argued that, despite positive features, the training offered in Greek apprenticeships still suffers from severe shortcomings, which highlight the need for urgent reform and restructuring. Without such reform, the potential of the system to be an effective, alternative to the academic pathway or to boost employment will be seriously constrained.