Here’s a Greek Business That’s Booming: Making Test-Tube Babies
The recession, and loose regulation amid government spending cuts, may have helped the fertility industry.
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Making babies is a business as well as a way of life for father-of-eight Kostas Pantos.
As founder of Genesis, Greece’s biggest fertility clinic, he oversees 5,000 cycles of treatment every year, or about a third of the total in the country, and five times what he did just a few years ago. Away from the wrangling over Greek finances, the medic and his team want to make Greece a hub for assisted reproductive technology, or ART, a worldwide market predicted to exceed $20 billion by 2020.