Government announces sweeping support for families
Prime Minister Kyriakos Mitsotakis has introduced a €1.6 billion program aimed at addressing Greece’s declining population. Speaking at the Thessaloniki International Fair, he emphasized that the initiative is designed to relieve financial pressures on households and provide incentives for young people to remain in the country. Scheduled to start in 2026, the plan combines broad reductions in income taxes with targeted support for larger families, property tax cuts in rural and island communities, and extra assistance for pensioners and families most affected by rising living costs.
Falling birth rates intensify concerns
The measures come amid alarming demographic trends. According to the Hellenic Statistical Authority, only 71,455 births were recorded in 2023, one of the lowest totals in decades. Fertility levels remain well below the replacement threshold, and continued emigration has left many towns depopulated, placing added strain on the pension system. Mitsotakis described the package as a critical step to protect the country’s long-term social and economic stability.
Effectiveness and fiscal challenges questioned
The announcement has sparked debate. Opposition figures and independent analysts argue that financial incentives alone may not be sufficient to reverse deep-seated demographic trends. Experts emphasize that improvements in childcare, housing, and job security are also essential to encourage families to have more children. The €1.6 billion cost has prompted scrutiny, as the government must ensure the plan aligns with European Union fiscal requirements. Full legislative details are expected in the coming months, with parliamentary debate planned before the program takes effect in 2026.
