Greece invests €1bn annually in pro-child measures to combat low fertility rates, aging population, and labor shortages.

Greece is facing a demographic crisis with one of Europe's lowest fertility rates, leading the government to invest €1 billion annually in pro-child initiatives. To counter declining birth rates and an aging population, new measures include enhanced childcare benefits and tax incentives for parents. However, economic improvements, such as higher pensions and minimum wage, are crucial for these policies to be effective in addressing labor shortages and economic strain.

September 16, 2024
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