Prime Minister details family-focused measures
Greece’s Prime Minister Kyriakos Mitsotakis has introduced a €1.6 billion plan aimed at addressing the country’s shrinking population. Speaking at the Thessaloniki International Fair, he framed the initiative as a way to ease household financial burdens and create incentives for young citizens to remain in Greece. The program, set to take effect in 2026, includes broad income tax cuts, support for larger families, property tax reductions in rural and island areas, and additional assistance for pensioners and households struggling with living costs.
Demographic trends underscore urgency
The announcement comes as Greece faces a severe demographic challenge. The Hellenic Statistical Authority reported only 71,455 births in 2023, one of the lowest figures in decades, while fertility rates remain well below the level needed to maintain the population. Continued emigration has left many villages depopulated and increased pressure on the pension system. Mitsotakis described the package as an urgent measure to protect the nation’s long-term stability.
Experts and opposition voice concerns
The plan has sparked debate among policymakers and analysts. Critics argue that financial incentives alone may not be sufficient to reverse persistent demographic trends. Experts emphasize that access to affordable childcare, stable employment, and adequate housing is essential for encouraging families to have more children. Questions have also been raised about the €1.6 billion cost and how it will align with Greece’s fiscal obligations under European Union rules. Detailed legislative proposals are expected from the Finance Ministry in the coming months, with parliamentary discussion planned before the program is implemented in 2026.
