The war will end due to forthcoming elections in the United States –...
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The war will end due to forthcoming elections in the United States –...

**Article summary**

The Governor of the Bank of Greece, Giannis Stournaras, whose term of office was renewed for the third time, estimated that the Middle East war would end due to the forthcoming elections in America, as it is not in anyone's interest to continue. He stressed that Greece has budget pillows, although the extension of the war would increase oil, gas and food prices. Stournaras explained that higher inflation in Greece is due to excessive demand and rejected the claims of bank overprofit, stressing that they have normal profits after years of losses.

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Duration accuracy: Enlargement of the gap with Europe and the loud message of 85%
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Duration accuracy: Enlargement of the gap with Europe and the loud message of 85%

The Greek economy remains trapped in precision, with inflation rekindling in March at 3.3%, compared with 2.5% in the Eurozone. Food was expensive by 3.5% (2.4% in Europe), while energy was ejected to 7%. The purchasing power shrinks drastically, with households having an increased percentage of their income in basic goods. A massive shift to private label products is recorded. According to an Alco poll, overwhelming 85% of citizens find anti-precision measures inadequate, sending a strong message about the failure to address the problem.

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