In Athens, the economic reverberations of the Middle East crisis prompted a flurry of government action. Greek Finance Minister Kyriakos Pierrakakis announced a package of emergency economic measures to shield citizens from rising energy costs, including a 16-cent-per-liter subsidy on diesel fuel and a “fuel pass” for households — estimated to cost €106 million.
Separately, Greece’s National Security Council (KYSEA), chaired by Prime Minister Kyriakos Mitsotakis, convened to discuss the latest diplomatic and military developments regarding Iran and the Middle East. The council also approved €5 billion in new defense procurement programs for the armed forces — a striking signal of how seriously European nations are taking the deteriorating security environment.