Tag: financial incentives

greek baby child allowance

Greece Introduces Financial Incentives and Tax Breaks to Address Declining Birthrates

Greece has unveiled a set of financial incentives and tax breaks aimed at addressing its declining birthrate, one of the lowest in Europe. Despite investing about one billion euros annually in pro-child initiatives, the country recorded its lowest birthrate in 2022. Experts remain skeptical about the effectiveness of these measures and emphasize the need for broader structural improvements to tackle the underlying issues.