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Romanian ruling parties are headed for a reckoning

Content type:: Expert Briefings
Location:: ROMANIA
Keywords associated with this article:: Geographic: Romania EUR EU Russia

Topical: economy international relations politics election foreign policy government opposition party policy constitution judicial population social media talks
ISSN:: 2633-304X
Citation:: Oxford Analytica (2024), "Romanian ruling parties are headed for a reckoning", Expert Briefings.
https://doi.org/10.1108/OXAN-DB291347

Friday, November 29, 2024

Significance

He will contest the presidential run-offs scheduled for December 8 against the leader of the liberal Save Romania Union (USR) Elena Lasconi. Romania faces a surge in the share of far-right legislators and the possible election of a pro-Russian president.

Impacts

The extent of fiscal adjustments needed to reduce the mounting budget deficit will be a key challenge facing the new government.
The political crisis is unlikely to derail Romania’s full admission to the Schengen free-movement area in early 2025.
A reorientation of Romania’s pro-Western foreign policy remains highly unlikely despite far-right gains.

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Significance

Impacts

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