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Greece plans $2B allocation to address demographic challenges in 2026

Greek Prime Minister Kyriakos Mitsotakis and Greek Cypriot Leader Nikos Christodoulides (not seen) hold a press conference during the 3rd Intergovernmental Summit between Greece and Cyprus in Athens at Maximos Mansion in Athens, Greece on Nov. 12, 2025. (AA Photo)
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Greek Prime Minister Kyriakos Mitsotakis and Greek Cypriot Leader Nikos Christodoulides (not seen) hold a press conference during the 3rd Intergovernmental Summit between Greece and Cyprus in Athens at Maximos Mansion in Athens, Greece on Nov. 12, 2025. (AA Photo)
November 26, 2025 04:53 PM GMT+03:00

Greek Prime Minister Kyriakos Mitsotakis said Wednesday that Athens is considering allocating €1.76 billion ($2 billion) in 2026, along with tax relief measures, to address the country’s deepening demographic problems.

Speaking at a symposium organized by the daily Eleftheros Typos, Mitsotakis said Greece now has “a comprehensive strategy on demographic issues.”

Greece has one of the European Union’s lowest birthrates, with 7.3 births per 1,000 inhabitants; higher only than Spain (6.9) and Italy (6.7).

“The more children there are, the lower the taxes,” he said, emphasizing the importance of protecting families and highlighting tax reforms aimed at households with children.

Mitsotakis noted that demographic challenges are not solely economic, saying there are “other reasons that we need to analyse much more deeply if we want to solve them.”

Greek Prime Minister Kyriakos Mitsotakis meets with Greek Cypriot Leader Nikos Christodoulides (not seen) at Maximos Mansion in Athens, Greece on Nov. 12, 2025. (AA Photo)
Greek Prime Minister Kyriakos Mitsotakis meets with Greek Cypriot Leader Nikos Christodoulides (not seen) at Maximos Mansion in Athens, Greece on Nov. 12, 2025. (AA Photo)

Migration policy: Strict controls but openness to legal entry

Asked whether migrants and refugees could help address labor shortages and demographic decline, Mitsotakis defended Greece’s “strict” migration policy.

“We will do everything in our power to prevent anyone from entering our country illegally,” he said.

However, he added that Greece “has nothing to fear” from migrants who arrive legally, can meet labor market needs, and integrate into Greek society.

He said Greece recently received a limited number of Sudanese refugees who will work in agriculture.

November 26, 2025 04:53 PM GMT+03:00
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