Get Updates
Get notified of breaking news, exclusive insights, and must-see stories!

Cypriots offered cash lure to have 3 children

NICOSIA, Feb 16 (Reuters) Cyprus may offer parents 20,000 Cyprus pounds (45,500 dollars) to have a third child in an effort to counter a falling birth rate.

Many Cypriot families stop at two children for which they are granted a tax allowance of 500 pounds a year.

''It's part of a broad package of measures we are proposing to deal with the low birth rate,'' Labour Minister Antonis Vassiliou, who is a gynaecologist, said yesterday.

Cyprus's birth rate is 1.4 per cent, well below the 2.10 percent replenishment rate.

One mother said, cash or no cash, her nappy-changing days were over.

''Children cost money and I don't think the amount they are offering equals the cost,'' said 35-year-old office worker Eleni Stylianou, a mother of two.

Reuters AD VP0535

Notifications
Settings
Clear Notifications
Notifications
Use the toggle to switch on notifications
  • Block for 8 hours
  • Block for 12 hours
  • Block for 24 hours
  • Don't block
Gender
Select your Gender
  • Male
  • Female
  • Others
Age
Select your Age Range
  • Under 18
  • 18 to 25
  • 26 to 35
  • 36 to 45
  • 45 to 55
  • 55+