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Global Finance Magazine

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Image Credit: Global Finance Magazine

Romania: New President Promises Moderate Course

  • Dan, a 55-year-old mathematician, won the election in Romania promising a moderate approach, emphasizing commitment to the EU, NATO, and supporting Ukraine.
  • New president to face challenges including economic problems, political instability, high budget deficit, falling living standards, and the need for fiscal reform.
  • President Dan aims to address inequalities, reform institutions, and restore faith in democracy while emphasizing stability and predictability in the investment environment.
  • The new president's first task is to form a government, likely a moderate coalition, potentially with the addition of the Save Romania Union to implement EU-agreed reforms.

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