The pressing matter of the demographic crisis was the key theme of the panel discussion “The Immense Economic Impact of the Demographic Issue in Greece 2025-2050 ” on the last day of the Delphi Economic Forum IX.

Orestis Tsakalotos, Executive Chairman of Qualco Group, moderated the panel alongside distinguished individuals from the political, social, economic, and academic scenes:

  • Domna Michailidou, Minister of Labour & Social Security
  • Alexandra Tragaki, Professor at Harokopio University
  • Byron Kotzamanis, Research Director at the Institute of Demographic Research (IDR)
  • Eva Papadaki, Project Manager of HOPEgenesis
  • Panos Xenos, Assistant Professor at the Department of Statistics and Insurance Science, University of Piraeus
  • Apostolos Gkoutzinis, Partner at Milbank LLP

The discussion highlighted the complexity and persistence of the demographic issue, spanning decades without a clear starting point for resolution. Foundational reforms are needed from the country and its citizens to address it and work towards long-term solutions.

At the same time, it became evident that several initiatives and policy decisions are underway across all ministries, although their effectiveness remains to be seen in the future.

The multifaceted nature of the demographic challenge was emphasised, with socio-economic and behavioural dimensions. Additionally, the “silver economy” emerged as a positive demographic trend involving the production of goods and services by individuals over 65.

Lastly, the moral aspect was underscored, emphasising that addressing this issue brings together political, social and ethical principles that guide personal and social behaviour. Optimism and cherishing future generations’ well-being were identified as the key factors in shaping the next day.

Tune in to watch the full discussion.