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PoliticsGreek Politics
Mitsotakis distances himself from Israel’s Lebanon offensive as industry warns of energy crunch PM Kyriakos Mitsotakis has sought to reframe Greece’s perspective on the evolving situation in the Middle East, taking a more critical view of Israel’s actions in Lebanon while still trying to maintain a strategic balance as a partner in regional security.
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PoliticsForeign Policy
Greece aiming to strike strategic balance in Persian Gulf Greece’s role in the evolving conflict environment surrounding Iran and the broader Persian Gulf region reflects a careful and deliberate balance between active engagement and strategic restraint.
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EconomyFeatures
Iran war creates turbulence for Greek tourism outlook The Iran war has introduced a level of volatility into the Greek tourism sector not seen since the pandemic in 2020. Four weeks into the conflict, the effects are already visible: jet fuel costs have doubled, pushing airfares higher, while the paralysis of Middle Eastern aviation hubs has severed vital connections to the East.
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PoliticsForeign Policy
Athens balancing diplomacy and defence amid Middle East turmoil The escalating conflict environment in the Middle East - with Iran and the Gulf at its centre, as well as its indirect spillover into other active fronts such as the Russia–Ukraine war - is creating a dense and increasingly difficult set of challenges for Greece.
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EconomyMacroeconomy
Greece braces for price shockwaves from Iran amid weakening purchasing power As the conflict in Iran shows no sign of easing, and with damage to energy infrastructure in the Middle East estimated to have reduced production capacity by roughly 30–40 percent - repairs that could take years to complete - it is becoming evident that the world will face unsettled energy markets and volatile prices for some time, even in the more benign scenario of a swift end to the war.
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PoliticsForeign Policy
Greece positions itself as a pillar of European and NATO security The recent escalation in the Middle East and Greece’s rapid operational response have renewed attention on the European Union’s mutual defence framework, while simultaneously highlighting Athens’s strategic role within both NATO and the broader regional security architecture.
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PoliticsGreek Politics
PM unveils 300 mln support package, pairing economic relief with major defence upgrade The government moved on two fronts on Monday, announcing a 300-million-euro package of targeted support measures while simultaneously approving a 5-billion-euro defence programme designed to strengthen Greece’s deterrent posture amid escalating tensions in the Middle East.
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PoliticsGreek Politics
Greece braces for Middle East fallout as polls show ND holding firm despite voter unease New Democracy enters this new phase of the Middle East crisis with a solid polling advantage but a visibly unsettled electorate.
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PoliticsGreek Politics Opposition politicians express concern as Greek air defence is deployed in Iran war The first confirmed use of Greek military hardware in the Iran war has pushed Athens into an unexpectedly prominent role in the unfolding crisis.
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PoliticsGreek Politics
Government unites in rejecting Hormuz deployment as PM advocates fiscal escape clause The government in Athens has categorically rejected through the most senior channels the possibility of a military deployment in the Strait of Hormuz, echoing the common response of European leaders to calls from US President Donald Trump.