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The purpose of this study is to identify the impacts of abandoned quarries and to examine scenarios for their restoration. Two quarries were selected as case studies, which are located in the Evros Region (NE Greece). Initially, the current state of the abandoned quarries was recorded and evaluated, including slopes, landscape, land use, as well as cultural elements. Four alterative scenarios for the exploitation of each quarry were proposed, taking into account the specifics of each site. Financial, environmental, and socioeconomic criteria were then used to evaluate these scenarios. The PROMETHEE method is a multi-criteria decision analysis approach and was applied to rank the alterative scenarios. The results show that the “do nothing” scenario is the worst solution for both quarries. In the quarry at Αsvestades, the restoration of the area by returning the land to pre-quarry use with the shaping of the slopes and planting is considered the best solution. On the other hand, in the quarry Mikro Derio two scenarios are proposed; one provides restoring the site to its pre-quarry land use and the other is the restoration of the quarry combined with the creation of a wildlife observatory and places for alternative forms of tourism.