Post by Romanian Economic Monitor

💡♻️ Major #energy #market shocks of recent years (including the post-pandemic surge in demand, the war in Ukraine, and instability in the Middle East) have led to a significant increase in both the level and the volatility of energy prices. 👉 Romania and the EU remain net energy #importers, highlighting their dependence on energy imports and their #vulnerability to geopolitical risks. 👉 Investments in #renewable energy, particularly wind and solar power, could help reduce both energy #prices and the energy #dependence of #Romania and the EU as a whole. 🔎 Read our full study here:: https://lnkd.in/d7WZezTh Babes-Bolyai University / UBB FSEGA | Faculty of Economics and Business Administration / Balázs Markó Szász Levente Rácz Béla-Gergely Dénes Csala, PhD Ottó Csíki, PhD Csaba Bálint, CFA Balint Zsolt Nagy, PhD Ábel Dimény-Varga Răzvan V. Mustață Liviu Deceanu