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ghost townsCNBC
•87% Informative
Greece 's population decline is putting a major strain on society with not enough young workers to grow economy and support the elderly.
At 1.3 , it is half that recorded in 1950 and well below the 2.1 required for population replacement.
Greece recorded just over 71,400 births last year , the lowest number since records began almost a century ago .
Prime Minister Kyriakos Mitsotakis has warned of an "existential" population collapse.
Greece 's population may fall from around 10.4 million today to 7.5 million by 2050 , a decline of more than a quarter .
Government has launched a new Ministry of Social Cohesion and Family Affairs to tackle the issue.
In October , the ministry announced that it would spend 20 billion euros ( $21 billion ) through 2035 on incentives to halt population decline.
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