Brussels flags downside risks for Greece as conflict‑driven inflation surges

EconomyMacroeconomy Tags: Budget, Cost of living, CPI, EC, GDP, RRF
Photo by EC - Audiovisual Service
Photo by EC - Audiovisual Service

The European Commission published last week its latest spring economic forecasts, becoming the latest institution to confirm that the unresolved Iran conflict will be a key factor shaping this year’s economic outcomes.

Earlier this month, the Bank of Greece revised down its outlook for 2026, projecting growth of 1.9% and raising its inflation estimate to 3.1%. Last week, in the progress report for 2026 submitted by the Finance Ministry to Brussels, growth was also rev...

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