Greece Unveils Measures to Combat Low Birthrate Amid Expert Skepticism

Greece announced new measures to increase its declining birthrate, which include childcare benefits, tax breaks, and a minimum wage rise. The country, struggling with one of Europe's lowest fertility rates, faces skepticism about the plan's effectiveness. Experts say a broader approach is needed to address the core issues.

Greece has rolled out new initiatives aimed at boosting its sagging birthrate, offering everything from daycare vouchers and childcare benefits to tax breaks for new parents. However, experts have raised questions about the effectiveness of these measures.

The European nation is grappling with one of its lowest fertility rates, a situation exacerbated by a prolonged economic crisis, widespread emigration, and shifting attitudes among the younger population. Prime Minister Kyriakos Mitsotakis has described the issue as a national threat and a 'ticking time bomb' for the country's pension system.

Despite spending around one billion euros annually on pro-child measures, Greece recorded its lowest-ever number of births in 2022. The newly announced measures include tax relief, a rise in the minimum wage starting in 2025, and social contribution reductions. Officials acknowledge that these steps alone will not solve the demographic crisis, emphasizing the need for broader reforms in education, health, and work-life balance to truly reverse the trend.

(With inputs from agencies.)