Kyriakos Mitsotakis warned the House about the serious economic consequences of conflicts in the Middle East, describing the prospects «extremely ominous to tragic». Inflation was launched at 3.9% in March, with food at 4.5% and fuel up to 27.4%. The State Budget Office and the IMF revised growth to 1.8%-2%, while inflation is expected to reach 3.5%. With Brent oil at $90-100 a barrel, the initial budget forecasts are overturned, calling into question the government «success story».