Keve calls for stronger support for large families amid demographic concerns

Nicosia, Cyprus. The Cyprus Chamber of Commerce and Industry (Keve) called on Thursday for stronger support for families, particularly large families, following a meeting with the Pancyprian Organisation of Large Families on Cyprus’ demographic outlook and its economic consequences.

The two sides discussed the social and economic implications of declining births, an ageing population and the worsening balance between births and deaths.

Demographic challenges

Keve said the demographic issue was among the biggest challenges Cyprus would need to address in the coming decades.

The chamber said the continuing decline in births, population ageing and deterioration in the birth balance were creating major challenges for the sustainability of the welfare state and future economic growth.

Support measures for large families

Representatives of the Pancyprian Organisation of Large Families outlined issues affecting families with several children, which they said had intensified in recent years.

They also presented proposals for measures and policies aimed at addressing the challenges faced by large families.

Child benefit criteria

Particular attention was given to the child benefit, which the organisation described as important because eligibility is linked to access to other allowances, benefits and support schemes.

Keve said the criteria for granting child benefit were especially significant for large families due to the benefit’s connection with other forms of state support.

Economic dimension

Keve said family support should be considered not only as social policy but also through an economic lens.

The chamber said supporting families, particularly large families, was an investment in Cyprus’ future.