Prime Minister outlines measures to support families and youth
Greece’s Prime Minister Kyriakos Mitsotakis has unveiled a €1.6 billion initiative aimed at curbing the nation’s declining population. Speaking at the Thessaloniki International Fair, he said the program is designed to ease the financial burden on households and provide incentives for young citizens to remain in Greece. Set to take effect in 2026, the package combines broad income tax reductions, assistance for larger families, lower property taxes in rural and island regions, and extra support for pensioners and households facing economic hardship.
Declining birth rates and migration fuel concerns
The announcement comes as demographic challenges intensify. The Hellenic Statistical Authority reported just 71,455 births in 2023, one of the lowest totals in decades. Fertility rates remain below replacement level, while continued emigration has left many towns and villages sparsely populated, adding pressure to the pension system. Mitsotakis framed the measures as a critical step toward securing Greece’s long-term social and economic stability.
Debate over impact and fiscal sustainability
The program has sparked discussion among opposition parties and experts, who argue that financial incentives alone may not be enough to reverse long-standing demographic trends. Analysts highlight the importance of accessible childcare, affordable housing, and stable employment to encourage families to have more children. Questions have also arisen over how the €1.6 billion cost will align with Greece’s obligations under European Union fiscal rules. The Finance Ministry is expected to present full legislative details in the coming months, with parliamentary debate scheduled before the program is implemented in 2026.
