Greece prepares emergency support for households and businesses amid prolonged Middle East crisis

Greece is preparing emergency support measures for households and businesses if the Middle East conflict escalates and further impacts the economy. The government is considering interventions similar to those in 2022, focusing on fuel and electricity subsidies. A key trigger would be Brent crude oil prices exceeding $100 per barrel for 30 days, potentially leading to widespread price increases. These targeted measures aim to prevent a new inflationary shock and will be implemented only if the crisis becomes prolonged and affects consumer prices. The "Pass" model, like Fuel Pass, may be reintroduced with income-based criteria.