The economies of the Western Balkans have set ambitious climate targets, aiming to reach carbon neutrality by 2050. To succeed, the region needs to transform its energy sector, which produces almost 50% of its electricity from coal, and encourage more efficient use of energy. Based on a detailed...

Since 2022, in almost every inflation category, a strong divergence in price dynamics among the EU countries has become visible. The first aim of this paper is to assess the impact of changes in energy prices on the differentiation in price dynamics in individual inflation categories in EU...

In 2021 and particularly in 2022, gas prices rose sharply in Europe due to Russia's invasion of Ukraine and the previous throttling of Russian gas supply to Western Europe. Because of the merit-order system, this also led to an increase in electricity prices in Austria and in many other EU...