War fronts threaten Greek economy amid inflation fears
Greek economy faces multiple threats as Middle East tensions threaten tourism, energy costs, and shipping – key sectors contributing 25% to GDP.
Energy Crisis
Fuel prices surge as Middle East tensions escalate – Gas and electricity costs also rise
Middle East tensions drive fuel price surge in Greece. Brent oil jumps 5% to $74.23/barrel, triggering €0.02/liter increases at gas stations nationwide.
Greece faces €2.6 billion cost from Israel-Iran conflict escalation
Greece faces up to €2.6 billion in economic losses from Israel-Iran conflict escalation, with energy, tourism, shipping and trade sectors bearing the brunt.