Eugenia Gusilov provided commentary on April 15 for Digi24 addressing several key energy and economic issues:
The announcement regarding the reopening of the Petrotel-Lukoil refinery in 45 days represents a return to normality rather than a great success, contrary to how it was presented by Romanian authorities.
The IMF warning regarding a potential average oil price of 125 USD per barrel in 2027 raises concerns for the Romanian economy. Constantly high energy prices generate inflation, which leads to reduced purchasing power, lower consumption, restricted corporate lending, layoffs, production unit closures, and survival-mode operations. Investments are deferred, fewer jobs are created, and state tax collection decreases.
In practical terms, the economic engine slows down significantly, and in some sectors, it comes to a complete halt.