• About
  • Advertise
  • Privacy Policy
  • Contact
Tuesday, July 22, 2025
  • Login
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
No Result
View All Result

Romania Swears In New President

May 26, 2025
Comfort Ampomaaby Comfort Ampomaa
in Europe
0
Romania Swears In New President

Romania's newly elected, President, Nicusor Dan has been sworn in.

Romania has sworn in newly elected President, Nicusor Dan, ushering in a tentative close to the worst political crisis to grip the European Union country in decades after the annulment of the previous election.

Dan, a 55-year-old mathematician and former Mayor of the capital, Bucharest, decisively won the tense rerun in a runoff on May 18, 2025, beating his hard-right opponent George Simion, who later challenged the results at a top court, but was rejected last week.

The May election redo was held months after the Constitutional Court voided the previous election in which the far-right outsider Calin Georgescu led the first round, following allegations of electoral violations and Russian interference, which Moscow has denied.

RelatedPosts

Merz Makes Rare Criticism Of Israel’s Actions In Gaza

EU’s 18th Sanctions Package Against Russia Approved

Germany Deports 81 Afghan Nationals

The court’s unprecedented decision last year plunged Romania, which is a member of NATO as well as the EU, into a period of unprecedented political turmoil.

In the presidential election rerun, Dan ran independently on an “Honest Romania” ticket, reaffirming Western ties, continued support for Ukraine, and fiscal reforms.

Romania Swears In New President
Romania’s newly elected President, Nicusor Dan is sworn in

Many observers viewed the election outcome as crucial to maintaining Romania’s place within Western alliances, especially as the war continues in neighboring Ukraine.

At the same time, the continent scrambles to arm itself as the United States’ commitment to European partners has waned under US President Donald Trump.

The presidential role carries a five-year term and significant decision-making powers in national security and foreign policy.

Dan Vows To Tackle Romania’s Economic Woes

Dan Vows To Tackle Romania’s Economic Woes
Romania’s newly elected President, Nicusor Dan take the oath as he is officially sworn in.

At the inauguration ceremony in a joint session of Parliament, Dan signed the constitutional oath.

In a speech afterward, he promised to tackle Romania’s economic woes and to be a President “open to the voice of society.”

“The Romanian state needs a fundamental change … and I invite you to continue to be involved with all the social force you have proven, to put positive pressure on the institutions of the Romanian state so that they can reform.

“I assure you that I will be a president who listens to the voice of society and who is a partner to that society.”

Nicusor Dan

Addressing the economic challenges that lie ahead, Dan said that the Romanian state “is spending more than it can afford.”

He added that it is in the national interest for Romania to send a message of stability to financial markets. He added, “It is in the national interest to send a signal of openness and predictability to the investment environment.”

As Dan begins his mandate, he faces the immediate challenge of nominating a prime minister who can garner the support necessary to form a government, a tall order in a country where a rejection of the political class led to the emergence of figures like Georgescu and Simion.

Dan will also have to contend with a string of other crises, such as a large budget deficit, deep societal divisions exposed by the chaotic election cycle, and the war that drags on next door.

Cristian Andrei, a Bucharest-based political consultant, opined that forming a new cabinet will be “a major test” that will indicate whether Dan can is capable of mediating between the fragmented political parties.

“Dan will face fierce resistance from the state apparatus and old politicians in his pursuit to start reforms. Although the economic crisis is urgent, the political and societal divisions are those that the new President has to address in the longer term.”

Cristian Andrei

He added that, with populism growing in popularity, a deeper political crisis was “put on hold and a new one will be in the making” ahead of future elections. “The success of his presidency will decide if we can avert such a crisis or not,” he said.

READ ALSO: Government Approves Electricity Bill Exemption for Strategic Institutions

Tags: BucharestNATONicusor DanRomania
Please login to join discussion
Previous Post

Shark Tank-Style Model To Power Ghana Tech Startups

Next Post

Job Loss Looms in Ghana’s Cashew Industry as Two Factories Face Imminent Closure

Sign up for The Vaultz analytic wire

Get weekly news analysis from top editors at The Vaultz and stay informed on trending economic and business issues from across the globe.

Related Posts

Hon. Kojo Oppong Nkrumah, Party, Governance
General News

NPP’s 2024 Loss Traced to Leadership, Governance Failures – Mike Oquaye Committee Report

July 22, 2025
Cameroon Faces Record 81 Presidential Hopefuls
Africa

Cameroon Faces Record 81 Presidential Hopefuls

July 22, 2025
FBI Records On Martin Luther King Jr Released
USA

FBI Records On Martin Luther King Jr Released

July 22, 2025
Energy Sector Tops 2024 Audit Report with GH¢15.8bn Irregularities
Extractives/Energy

Energy Sector Tops 2024 Audit Report with GH¢15.8bn Irregularities

July 22, 2025
Professor Stephen Kwaku Asare
General News

CDD-Ghana Fellow Demands Urgent Action over ECG-Hubtel Financial Irregularities

July 22, 2025
NPP primaries, a strategic move
General News

Early NPP Primaries Mark Critical Turning Point- IMANI

July 22, 2025
Hon. Kojo Oppong Nkrumah, Party, Governance
General News

NPP’s 2024 Loss Traced to Leadership, Governance Failures – Mike Oquaye Committee Report

by Silas Kafui AssemJuly 22, 2025
Cameroon Faces Record 81 Presidential Hopefuls
Africa

Cameroon Faces Record 81 Presidential Hopefuls

by Comfort AmpomaaJuly 22, 2025
FBI Records On Martin Luther King Jr Released
USA

FBI Records On Martin Luther King Jr Released

by Comfort AmpomaaJuly 22, 2025
Energy Sector Tops 2024 Audit Report with GH¢15.8bn Irregularities
Extractives/Energy

Energy Sector Tops 2024 Audit Report with GH¢15.8bn Irregularities

by Prince AgyapongJuly 22, 2025
Professor Stephen Kwaku Asare
General News

CDD-Ghana Fellow Demands Urgent Action over ECG-Hubtel Financial Irregularities

by Evans Junior OwuJuly 22, 2025
NPP primaries, a strategic move
General News

Early NPP Primaries Mark Critical Turning Point- IMANI

by Lilian AhedorJuly 22, 2025
Hon. Kojo Oppong Nkrumah, Party, Governance
Cameroon Faces Record 81 Presidential Hopefuls
FBI Records On Martin Luther King Jr Released
Energy Sector Tops 2024 Audit Report with GH¢15.8bn Irregularities
Professor Stephen Kwaku Asare
NPP primaries, a strategic move
[/vc_row_inner]

Recent News

  • NPP’s 2024 Loss Traced to Leadership, Governance Failures – Mike Oquaye Committee Report
  • Cameroon Faces Record 81 Presidential Hopefuls
  • FBI Records On Martin Luther King Jr Released
  • Energy Sector Tops 2024 Audit Report with GH¢15.8bn Irregularities
  • CDD-Ghana Fellow Demands Urgent Action over ECG-Hubtel Financial Irregularities
The Vaultz News

Copyright © 2021 The Vaultz News. All rights reserved.

Navigate Site

  • About
  • Advertise
  • Privacy Policy
  • Contact

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2D
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships

Copyright © 2021 The Vaultz News. All rights reserved.