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Greece Unveils €1 Billion Plan to Combat Declining Birthrate

The government introduces tax breaks, childcare benefits, and other measures to address the demographic crisis.

  • Greece has one of Europe's lowest fertility rates, with 2022 marking its lowest-ever number of births.
  • The new measures include tax relief for new parents, daycare vouchers, a rise in the minimum wage, and pension increases.
  • Experts are skeptical about the plan's effectiveness, citing the need for broader economic and social reforms.
  • The demographic issue is partly attributed to Greece's prolonged financial crisis, high emigration, and changing attitudes among the youth.
  • Similar population challenges are faced by other countries in Europe, as well as China and Japan, while sub-Saharan Africa experiences a population surge.
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