5 Minute News

Assessment of the Economic Impacts of the War in the Middle East

March 3, 2026

The government is closely monitoring the economic consequences of the war in the Middle East, as initial estimates were expected to affect only tourism. However, the impacts seem to affect many sectors, including fuel and product prices. Finance Minister Makis Keraunos has organized urgent meetings to assess the situation. Officials are examining risk scenarios and potential mitigation measures. A report with scenarios is expected in the coming days.