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Fortune
Fortune
Prarthana Prakash

Greece spends about €1 billion a year on pro-child policies as dwindling birth rates create new headaches for the country

A girl plays in a fountain at Syntagma square (Credit: Costas Baltas—Anadolu/Getty Images)

A demographic crisis is gripping much of Europe, and Greece is among the countries facing the brunt of it. 

It has one of the lowest fertilities in the region—at par with other countries peeved by the same issue, like China and Japan—which the Greek prime minister has called a “ticking time bomb.”

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