Irina Vilcu

2 days ago | bloomberg.com | Peter Laca |Irina Vilcu

The parliament building in Bucharest. (Bloomberg) -- Romania managed to attract solid demand in a domestic bond sale but the funding came at an increased price as political risks before the presidential run-off continued to weigh on investors’ perception. The Black Sea nation sold 540 million lei ($118 million) of one-year bonds at an auction on Monday, with the average yield rising by about 1.5 percentage points to 8.45% compared with the previous reopening of the note last month.

1 week ago | bloomberg.com | Irina Vilcu |Andra Timu |Peter Laca

George Simion in Bucharest on May 4. (Bloomberg) -- Romania’s deepening political crisis intensified a market selloff, sinking the currency to a record low on concerns that the government collapse would scupper chances to curb the European Union’s widest deficit.

1 week ago | bloomberg.com | Andra Timu |Irina Vilcu

Marcel Ciolacu(Bloomberg) -- Romania’s prime minister will resign on Monday after a far-right opposition leader who aligned himself with Donald Trump scored a resounding first-round victory in the Black Sea nation’s presidential election. Marcel Ciolacu informed coalition partners of the decision to submit his resignation in a meeting Monday in Bucharest, according to people familiar with the discussions who spoke on condition of anonymity.

1 week ago | kdhnews.com | Andra Timu |Irina Vilcu

A far-right Romanian opposition leader who aligned himself with Donald Trump secured a first-round victory in a repeat presidential election, dealing a blow to the Black Sea nation's ruling establishment amid outrage over persistent corruption and poverty. George Simion of the ultranationalist Alliance for the Union of Romanians secured 40.2%, Romania's election authority said Sunday, with 88% of poll locations counted.

1 week ago | thederrick.com | Andra Timu |Irina Vilcu

Romania’s far-right opposition leader won the first round of a presidential election repeat as voters took aim at the ruling establishment over persistent corruption and poverty in the Black Sea nation, exit polls showed. George Simion of the ultranationalist Alliance of the Union of Romanians secured 30%, according to exit polls released by broadcasters Digi 24 and Antena 3 on Sunday.