Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking & Finance Review®

Global Banking & Finance Review® - Subscribe to our newsletter

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2026 GBAF Publications Ltd - All Rights Reserved. | Sitemap | Tags | Developed By eCorpIT

    Editorial & Advertiser disclosure

    Global Banking & Finance Review® is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Headlines > In Romania vote, centrist mathematician Dan braces for tight battle with hard-right
    Headlines

    In Romania vote, centrist mathematician Dan braces for tight battle with hard-right

    Published by Global Banking & Finance Review®

    Posted on May 15, 2025

    3 min read

    Last updated: January 23, 2026

    The image illustrates Selwood Asset Management's proposal for Louis Hachette to change its stock market listing, emphasizing potential growth and visibility in the finance sector.
    Selwood Asset Management advocates for Louis Hachette market listing change - Global Banking & Finance Review

    Quick Summary

    Nicusor Dan and George Simion are in a tight race for Romania's presidency, a vote crucial for EU alignment and economic stability.

    Romania's Presidential Run-off: Dan Faces Simion in Tight Race

    By Luiza Ilie

    BUCHAREST (Reuters) - Bucharest's centrist mayor Nicusor Dan, a quiet mathematician, will face off against the hard-right contender in Sunday's presidential run-off vote, trying to keep Romania on its pro-European Union path and cool market nerves by forming a government.

    A recent survey showed Dan, 55, was neck-and-neck with eurosceptic frontrunner George Simion, who rode a wave of popular anger at mainstream parties to claim a first round win on May 4, triggering the collapse of the country's pro-Western government.

    Whoever is elected president will need to nominate a prime minister and see a new government quickly installed to reduce Romania's budget deficit, the largest in the EU, reassure investors and avoid a credit rating downgrade.

    "Romania cannot afford an adventure at this moment," Dan told 38-year-old Simion during a recent debate.

    "Romania cannot afford to talk about early elections. Romania cannot afford to speak against foreign investors, saying that we will only accept the ones we want."

    Dan has promised quick talks with pro-European, pro-NATO parties and has a track record of negotiating majorities as an independent two-term mayor of the Romanian capital city.

    Simion, who opposes aid to Ukraine and is critical of the EU's leadership, has said he could not rule out snap parliamentary elections to get his desired prime minister and ruling majority.

    Dan is a Sorbonne-educated mathematician with a history of activism against rampant real estate development and corruption before entering politics. Described as methodical and calm, and a family man, he often walks his daughter to school.

    Staunchly pro-EU and NATO, he has said Romania's support for Ukraine was crucial for its own security against a growing Russian threat. He has promised to clamp down on corruption and reduce economic inequalities.

    "This election isn't just about the president of Romania, but about Romania's entire direction and government over the next years," said Siegfried Muresan, a vice-chair of the EPP group in the European Parliament and a Romanian MEP.

    "A pro-European president will find the power to install a pro-European government," he said.

    Russia's war in Ukraine has cast Romania as a key stakeholder for EU trade on the Black Sea and an ally on NATO's eastern flank.

    The president is in charge of Romania's defence council which decides on military aid and has oversight over foreign policy, with the power to veto EU votes that require unanimity among member states.

    Whereas Dan has struck a chord with college-educated voters who live in large cities, Simion appeals to the working class diaspora, who are entitled to vote, and residents of small towns and villages, who are feeling left behind.

    He is campaigning on a "Romania first" ticket, advocating conservative policies, euroscepticism and close alignment with the U.S. MAGA movement.

    "Dan has mostly caught up to Simion, but he needs to address small towns and rural areas," said Sergiu Miscoiu, a political science professor at Babes-Bolyai University.

    (Reporting by Luiza Ilie; additional reporting by Elizaveta Gladun; Editing by Alexandra Hudson)

    Key Takeaways

    • •Nicusor Dan, a centrist, faces hard-right George Simion in Romania's election.
    • •The election outcome will impact Romania's EU alignment and economic policies.
    • •Dan is pro-EU and NATO, while Simion is eurosceptic.
    • •Romania's budget deficit and investor confidence are key issues.
    • •The election could lead to snap parliamentary elections.

    Frequently Asked Questions about In Romania vote, centrist mathematician Dan braces for tight battle with hard-right

    1What is the main topic?

    The article discusses the Romanian presidential election between Nicusor Dan and George Simion, highlighting its significance for EU relations and economic stability.

    2Who are the main candidates?

    Nicusor Dan, a centrist and pro-EU candidate, and George Simion, a hard-right eurosceptic, are the main candidates in the Romanian presidential election.

    3What are the key issues in the election?

    Key issues include Romania's alignment with the EU, economic policies, budget deficit, and potential snap parliamentary elections.

    Why waste money on news and opinion when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Previous Headlines PostDiamond magnate Nirav Modi refused bail pending extradition from UK to India
    Next Headlines PostErdogan tells Zelenskiy that Turkey to host him, Putin when they are ready
    More from Headlines

    Explore more articles in the Headlines category

    Image for Exclusive-US plans initial payment towards billions owed to UN-envoy Waltz
    Exclusive-US plans initial payment towards billions owed to UN-envoy Waltz
    Image for Trump says good talks ongoing on Ukraine
    Trump says good talks ongoing on Ukraine
    Image for France to rally aid for Lebanon as it warns truce gains remain fragile
    France to rally aid for Lebanon as it warns truce gains remain fragile
    Image for Exclusive-US aims for March peace deal in Ukraine, quick elections, sources say
    Exclusive-US aims for March peace deal in Ukraine, quick elections, sources say
    Image for Ukraine's Zelenskiy calls for faster action on air defence, repairs to grid
    Ukraine's Zelenskiy calls for faster action on air defence, repairs to grid
    Image for Olympics-Italy's president takes the tram in video tribute to Milan transport
    Olympics-Italy's president takes the tram in video tribute to Milan transport
    Image for Goldman Sachs teams up with Anthropic to automate banking tasks with AI agents, CNBC reports
    Goldman Sachs teams up with Anthropic to automate banking tasks with AI agents, CNBC reports
    Image for Analysis-Hims' $49 weight-loss pill rattles investor case for cash-pay obesity market
    Analysis-Hims' $49 weight-loss pill rattles investor case for cash-pay obesity market
    Image for Big Tech's quarter in four charts: AI splurge and cloud growth
    Big Tech's quarter in four charts: AI splurge and cloud growth
    Image for Exclusive-Bangladesh PM front-runner rejects unity government offer, says his party set to win
    Exclusive-Bangladesh PM front-runner rejects unity government offer, says his party set to win
    Image for Azerbaijan issues strong protest to Russia over lawmaker's comments on Karabakh trial
    Azerbaijan issues strong protest to Russia over lawmaker's comments on Karabakh trial
    Image for UK police search properties in probe into Mandelson over Epstein ties
    UK police search properties in probe into Mandelson over Epstein ties
    View All Headlines Posts