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yesterday

Nicușor Dan sworn in as Romanian president, seeks coalition to tackle fiscal crisis

He must secure a parliamentary coalition to enact fiscal reforms that stabilize Romania’s budget deficit.

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Romanian President elect Nicusor Dan, front center, stands at the Constitutional Court during the ceremony for validation of his presidential mandate, after winning the country's presidential election redo in Bucharest, Romania, Thursday, May 22, 2025. (AP Photo/Vadim Ghirda)
Calin Georgescu, center, winner of the first round of last year's annulled election, leaves with Presidential candidate George Simion after casting their votes in the first round of the presidential election redo in Mogosoaia, Romania, Sunday, May 4, 2025. (AP Photo/Vadim Ghirda)
A man wears a t-shirt showing Calin Georgescu, winner of the first round of last year's voided election outside the headquarters of presidential candidate George Simion, after polls closed during the first round of the country's presidential election redo in Bucharest, Romania, Sunday, May 4, 2025. (AP Photo/Andreea Alexandru)

Overview

  • Dan was officially sworn in on May 26 after the Constitutional Court validated his May 18 election victory over hard-right opponent George Simion following last year’s annulment over alleged Russian interference.
  • He has launched talks with pro-EU parties to nominate a prime minister capable of commanding a majority in parliament amid PSD’s reluctance to join a ruling coalition.
  • The new president inherits a budget deficit over the EU’s limit and has pledged to implement disciplined spending cuts and fiscal reforms to reassure investors and EU institutions.
  • Dan has vowed to tackle endemic corruption by appointing new judges and prosecutors and to restore public trust in democratic institutions shaken by the previous election crisis.
  • He reaffirmed Romania’s commitment to the European Union and NATO, citing the country’s strategic position on the Black Sea and its role in supporting Ukraine’s defense.