Part of the Romanian companies are at risk, on the chain of changes in the green agenda, and they generate about 40% of the gross added value and hold about 50% of all assets in the economy, warned, on Thursday, in a specialized conference, Florian Neagu, deputy director within the Financial Stability Directorate of the National Bank of Romania (BNR).
“The Romanian economy has not adapted and there is no vision at the level of the authorities to enter this new green European agenda. We lack an industrial policy not of yesterday, nor of today, but for more than a decade. There is no industrial policy that guides the vision of the authorities and boosts certain areas of development.
”In the end, there is a risk of not benefiting from these new opportunities and of paying in particular the costs associated with the change in the climate agenda. Another vulnerability is that in the Romanian economy a good part of the companies are at risk, as a result of the changes that will come on the green agenda. And there are many … According to our calculations, these companies generate about 40% of the gross added value in the economy and hold about 50% of all assets in the economy. Therefore, this transition must take place in an orderly manner,” Neagu said, quoted by Agerpres.
The NBR specialist also says that the authorities must be aware that the process of transition to the green economy can bring positive results and development opportunities. “Therefore, if we are to draw a line between opportunities and challenges, this process of green transition should normally bring us a positive result. If, however, we are not aware of the opportunities or vulnerabilities, there is a risk, how it has happened many times in our history and not only in Romania, to pay only the price without significantly benefiting from opportunities,” Florian Neagu added.