Mitsotakis has unveiled tax cuts to counter the demographic collapse but the package of just 2.8 billion euros over two years will do little to preserve Greece, now facing one birth for every two deaths.
The Finance Ministry estimates the measures will benefit about 4 million taxpayers, with a fiscal cost of around €1.2 billion in 2026 and €1.6 billion in 2027.
https://www.ekathimerini.com/economy/1280234/greece-unveils-sweeping-tax-cuts-relief-measures/
The Russians, Chinese and Indians will buy up Greece and put the covid jab pushers ont rial.
From media
Greece Facing "Population Collapse" As Unexpected Deaths Soar.
he population decline in Greece has reached alarming levels, and it could become the world's first country to suffer "population collapse", a new report has said. This started a debate on social media, with billionaire Elon Musk joining in and expressing concern. The report paints a scary picture claiming that heart failure, stroke, blood clots and cancer among otherwise healthy young people have caused the mortality rates to skyrocket in Greece. Prime Minister Kyriakos Mitsotakis called the prospect of population collapse a "ticking time bomb" and a "national threat".
In 2024, Greece recorded 125,423 deaths compared to 62,624 births. Since 2012, deaths have consistently exceeded births, driven by a shrinking population of women of childbearing age and persistently low fertility rates – currently averaging 1.5 children per woman.
Kotzamanis emphasizes that “practically we have fewer mothers having fewer children.” The population aged 30-40, the core childbearing group, is shrinking, now representing only a narrow slice of the total.
https://www.ekathimerini.com/in-depth/society-in-depth/1267835/greeces-demographic-clock-ticking/
With fertility rates in Greece among the lowest in Europe – at 1.4 children a woman, the reproduction rate is well below the replacement level of 2.1 – Mitsotakis has called the problem a “national threat”.
The Greek population is on course to fall from the current 10.2 million to well under 8 million by 2050, when 36% will be above the age of 65, according to Eurostat.
Officials say falling fertility rates are putting the pension and health systems, as well as labour markets and national security, at unprecedented risk at a time of geopolitical uncertainty.
Sounding the alarm, the British medical journal, the Lancet, said demographic change of such radical proportions posed an inherent threat to the country’s health system, along with socioeconomic pressures and the unpredictability of the climate crisis. “Greece faces a complex array of public health challenges driven by demographic change,” it said in a study released last week. “The Greek case offers valuable lessons for other countries confronting similar pressures.”
In 2020 – a year after first winning office – the Mitsotakis government unveiled a baby bonus to encourage childbirth. The subsidy has since risen from €1,700 for a first child to €3,500 for a fourth in addition to a monthly stipend of up to €140 per child.
But as the cost of living also soars in a country with some of the lowest wages in the EU, the policies appear to have had little effect. Greece’s education ministry announced this month that it had closed more than 700 schools nationwide citing a lack of pupils.
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