HYPERION ECONOMIC JOURNAL

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• Bejinariu DUMITRU, PhD Student, Affiliation: Valahia University of Targoviste, Romania;
• Elena-Simona TACHE (BUZĂȚOIU), PhD Student, Affiliation: Valahia University of Targoviste, Romania;
• Amalia-Magdalena DĂNĂILĂ (CALAFETEANU), PhD Student, Affiliation: Valahia University of Targoviste, Romania;
• Monica-Mihaela DRĂGAN (RADU), PhD Student, Affiliation: Valahia University of Targoviste, Romania;
• Loredana Cristina TĂNASE, PhD Lecturer, Affiliation: Valahia University of Targoviste, Romania;

The worldwide spread of the COVID-19 pandemic and its economic consequences are poised to wreak havoc on economies globally, pushing numerous countries into economic collapse and depression. With the rapid increase in infection and death rates, and the uncertain recovery from the pandemic, even in developed countries with high vaccination rates, signs of economic turmoil are already appearing, including in European economies. The goal of this study is to determine the effects of the ongoing global crisis, specifically the COVID-19 pandemic, on various economic sectors such as demand, supply chains, trade, investment, pricing, energy price volatility, and exchange rates. By examining these factors at a macroeconomic level, it has been observed that the pandemic has led to a rise in unemployment globally. This paper further explores the probable impacts through research methods including analysis, synthesis, and comparison.

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