Romania & Poland Presidential Election Results

The unexpected victory for centrist candidate, Nicusor Dan, in the second round of Romania’s presidential election on Sunday marks a major comeback against the far-right, and will ease concerns about the country veering from its pro-EU stance. That said, the next government appointed by Dan will face a major challenge in stabilising the public finances and, while there is likely to be a brief relief rally, we see limited upside for Romania’s financial markets. Meanwhile, the narrow lead for the pro-EU candidate in the first-round of Poland’s election sets up a tight run-off, and suggests the government could face further challenges in delivering its reform agenda and addressing EU concerns over the rule of law.

We’ll be discussing the implications of Sunday’s election results in a Drop-In at 11:00 BST/12.00 CET. Register here.