Greece to Spend 20 billion Euros to Increase Child Birth Rate

Greece has planned to spend 20 billion euro ($22 billion) for the coming years until 2035 on incentives like cash benefits and tax breaks to arrest declining birth rate, news organisations have reported.

The fertility rate of Greece today is just 1.3, which is lowest in Europe. At present, Greece spends one billion euros on pro-child measures.

Birth rates in Greece has been falling for years. Things like economic crisis that began in 2009, continue to impact and aggravate fertility rate in Greece as there reportedly is a changed attitude among the young towards bringing a child in to the world.