Nicuşor Dan Faces a Challenging Mandate From Day One

Nicuşor Dan faces a challenging mandate from day one

After Sunday’s surprise win, Nicuşor Dan faces no honeymoon – just economic woes, a fragile government, and a populist-packed Parliament.

Nicushor Dan's election as President of Romania sends a positive signal for the economy, in a context where macroeconomic risks can push Romania to the "junk2" area. According to an analysis carried out by a Frames consultancy firm, the new Head of State has a difficult mission to restore confidence in investors and support the implementation of essential reforms. Article Analysis Frames: Nicushor Dan begins the most difficult presidential manda…

After the unexpected victory in the Romanian presidential elections on Sunday, there will be no grace period for Nicuşor Dan. An economic crisis threatens, populists hold about 30 percent of the seats in parliament, and the new government could be unstable.

The new President Nicuşor Dan will face several challenges as soon as he takes office: an economy in difficulty, a parliament where populist parties occupy nearly a third of the seats, and uncertain prospects for forming a stable government.

After a year full of electoral promises, Romania's situation after the elections is not the best. The president-elect, Nicuşor Dan, confirms it himself. Invited to a special edition of Observator, he spoke about the urgent problems our country is facing, but also about possible solutions for economic recovery after, yesterday, the European Commission worsened the estimate for Romania's economic growth this year.

Romania's president-elect Nicoşor Dan said months would follow a difficult period in Romania, at least for a few months, because the country has dropped by