#MIDDLE EAST
Oil at $100: Budget Projections Expose Greece’s Vulnerability to an Energy Shock
Under this adverse scenario, Greece’s real gross domestic product would be 0.45% lower than in the baseline projection, with annual economic growth slowing to 1.9%, compared with stronger momentum in the absence of an energy shock.
Middle East Crisis Creates Economic Uncertainty for Greece
As tensions escalate in the Middle East and fears of a broader military confrontation grow, the geopolitical volatility is beginning to strain the economic systems of smaller and more vulnerable nation.