European Union presidential candidate Nicușor Dan won the country’s presidential election Sunday, defeating his ultranationalist rival. With 100% of the votes counted, the centrist candidate won nearly 54% of the ballots cast,

Romanian financial markets reacted positively on May 19 to the outcome of the country's presidential election, reflecting renewed investor confidence in political stability and expectations of fiscal normalisation.

Hard-right nationalist George Simion could win Romania’s presidential election run-off on Sunday – a vote being held five months after the original election was annulled.

Romania’s assets staged a relief rally after a centrist candidate defeated his nationalist opponent in the presidential election, with investor focus now shifting to how quickly a new government can fix the state’s finances.

There was a wave of euphoria and relief across Europe following the election of pro-European liberal Nicusor Dan as Romania’s new president. Moldovan President Maia Sandu echoed the sentiment: “Congratulations,

But Romania's growth has steadily slowed since a post-pandemic bounce in 2021, and the European Commission forecasts its budget deficit at 8.6% this year and 8.4% in 2026, well above the government's 7% 2025 target outlined in a seven-year EU-approved plan.