-
1 week ago | 
bloomberg.com | Irina Vilcu |Andra Timu
Nicusor Dan(Bloomberg) -- The ballot numbers added up for Romania’s Nicusor Dan, the one-time math prodigy who defeated a formidable far-right challenger to win the Black Sea nation’s presidency this month. But Dan, the former Bucharest mayor who was sworn in as the country’s head of state on Monday, will confront a wholly different set of numbers as he seeks to narrow what has become the European Union’s widest budget deficit.
-
2 weeks ago | 
bloomberg.com | Andra Timu |Irina Vilcu
Nicusor Dan at the Constitutional Court in Bucharest, on May 22. (Bloomberg) -- Romania’s newly-elected president expects several weeks of negotiations on a new government, saying the key focus needs to be on tackling the budget crisis and avoiding a credit rating downgrade. Nicusor Dan, who defeated far-right candidate George Simion in the presidential runoff on May 18, told reporters he’ll call for talks with the four pro-European groups immediately after he’s sworn in on Monday.
-
2 weeks ago | 
bloomberg.com | Andra Timu |Irina Vilcu
Mugur Isarescu(Bloomberg) -- Romania will weigh further interest-rate cuts only after a return to market and political stability, the central bank chief said, as the election of a centrist candidate to the presidency on Sunday spurred preparations to form a new government. The defeat of a far-right candidate by Bucharest Mayor Nicusor Dan triggered a rally in assets Monday, underscoring relief among investors.
-
2 weeks ago | 
bloomberg.com | Andra Timu |Irina Vilcu
Barna Tanczos(Bloomberg) -- 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. Finance Minister Barna Tanczos said Romania is “under scrutiny practically ever day” by investors and ratings agencies.
-
2 weeks ago | 
rs.bloombergadria.com | Andra Timu |Irina Vilcu
Podeli vest WhatsApp Viber Link copied Copy link Politika 19. maj 2025, 07:47 Nicușor Dan, centristički gradonačelnik Bukurešta, pobedio je u drugom krugu predsedničkih izbora u Rumuniji, osujetivši ambicije ekstremno desničarskog lojaliste Donalda Trumpa, pošto su birači masovno izašli na birališta kako bi osigurali da Rumunija ostane na proevropskom putu.
-
2 weeks ago | 
bloomberg.com | Andra Timu |Irina Vilcu
Nicusor Dan greets supporters following the first exit poll results, at an election night rally in Bucharest on May 18. (Bloomberg) -- Romania’s presidential election saw the centrist mayor of Bucharest defeat a far-right Donald Trump loyalist, while a nationalist finished a close second in Poland to set up a tight runoff on June 1. Nicusor Dan, an independent and one-time math prodigy, beat George Simion of the far-right Alliance for the Unity of Romanians, 54% to 46%, on Sunday.
-
2 weeks ago | 
bloomberg.com | Irina Vilcu |Andra Timu
George Simion, right, casts his ballot beside former candidate Calin Georgescu on May 4. (Bloomberg) -- Romanians elect their next president on Sunday in a contest that will determine the Black Sea nation’s trajectory in Europe as frustration with the political establishment spurs a surge in support for the far right.
-
3 weeks ago | 
bloomberg.com | Irina Vilcu |Andra Timu
Nicusor Dan, left, and George Simion during an election debate in Bucharest on May 8. (Bloomberg) -- Romania’s track record as a reliable supporter of the European project will be put to the test Sunday as an ultranationalist Donald Trump disciple contends for the presidency against a one-time math prodigy. George Simion, leader of the far-right Alliance for the Union of Romanians, secured a commanding victory in a first-round ballot on May 4.
-
3 weeks ago | 
bloomberg.com | Andra Timu |Irina Vilcu
The headquarters of Romania's central bank in Bucharest. (Bloomberg) -- Romania’s central bank will probably keep interest rates unchanged on Friday, with investors looking for any clues about the outlook for the leu after political turmoil pushed the currency to record lows. The National Bank of Romania will hold the benchmark rate at 6.5% for a sixth meeting, according to 13 out of 15 economists in a Bloomberg survey.
-
3 weeks ago | 
bloomberg.com | Peter Laca |Irina Vilcu
Campaign posters for presidential candidates in Bucharest. (Bloomberg) -- Romania sold more euro-denominated debt on the domestic market than planned, rushing to fill up state coffers ahead of a contentious presidential run-off that’s weighed on the the country’s assets. The Finance Ministry raised a combined €1.6 billion ($1.8 billion) in notes maturing in May and December next year, accepting almost all bids submitted in Tuesday’s auction.
