Romania, European Union
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Imagine having a president called Nicky.That's what Romanians just voted for: a softly-spoken, slightly geeky mathematician who everyone refers to by his first name, Nicusor – or Nicky.On Monday, hours after claiming victory in the elections,
JPMorgan said on Monday that an election win by Romania's centrist Bucharest mayor Nicusor Dan is reducing political risk ahead and that a sovereign ratings downgrade to below investment grade was now less of a concern.
Romania’s finance chief said a new government will need to move quickly to fix state finances even after the election of Bucharest Mayor Nicusor Dan as president helped soothe market turmoil that’s engulfed the Black Sea nation.
As of midnight on May 18th Romania’s election authorities reported he had taken 54% of the vote to Mr Simion’s 46%. The turnout was a record for a Romanian presidential election. The country’s enormous diaspora,
Nicușor Dan swept to victory in Romania's presidential election on Sunday, defeating far-right nationalist rival George Simion with nearly 54 percent of the vote. Dan, 55 the centrist mayor of Bucharest and former mathematician who campaigned for an "honest" Romania, was victorious over Simion, 38, in a tense rerun of the contest.
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