
Siegfried Mureşan
According to Romanian media reports, the MEP wrote about this on social media. Now, in accordance with procedure, he has 10 days to form a list of cabinet members. However, to do so, Mureșan will need to hold talks with members of parliament to secure majority support.
The crisis is putting pressure on Romania’s investment rating
Despite lacking the parliamentary support needed to resolve the protracted political crisis, Nicușor Dan took this decision because the crisis is already putting pressure on the country’s investment rating, notes Reuters.
“As we do not have a majority, I have decided to propose for this position the person who received the most votes during the consultations – Siegfried Mureșan,” Dan said following six hours of consultations with the leaders of the parties represented in parliament.
The president had previously put forward two candidates: his adviser Evgeny Tomach, who withdrew from the race before the parliamentary vote, and the Liberal Adrian Vestyu, who failed to secure the necessary number of votes.
The previous pro-European coalition government, led by Prime Minister and Liberal Party leader Ilie Bolojan, collapsed in early May when the left-wing Social Democratic Party, the largest party in parliament, withdrew from the coalition and joined forces with the far-right opposition to bring a vote of no confidence against him.
In July, Romania narrowly avoided a downgrade of its sovereign rating from the lowest investment-grade level. Fitch and Moody’s stated that its ability to overcome political fragmentation and pass the 2027 budget – which would reduce the bloc’s largest budget deficit – would be of key importance.
Standard & Poor’s has scheduled a review of Romania’s rating for 2 October.
This story was translated with the assistance of artificial intelligence.The translation was also reviewed by the Logos Press editorial team.
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