Greece announces €1.6bn relief package to tackle population decline

Published 20 hours ago
Greece announces €1.6bn relief package to tackle population decline

Government to use tax breaks and other financial incentives to encourage people to have more children

Greece has announced drastic measures, including tax breaks and other financial incentives, to address a population decline that is on course to make it the oldest nation in Europe.

The prime minister said the €1.6bn (£1.4bn) relief package had been dictated by one of the biggest challenges facing the Mediterranean nation : a demographic crisis of unprecedented scale.

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GreeceEuropeKyriakos MitsotakisTax and spendingPopulation

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