Romanian PM resigns as Leftist Party leader after election defeat | World News

Romanian Prime Minister Marcel Ciolacu has resigned as leader of the Social Democrats after failing to advance to the presidential election’s second round but will remain prime minister until Dec. 1 parliamentary elections. Far-right candidate Calin Georgescu emerged as the frontrunner with 22.94% of votes, challenging Romania’s pro-Western stance by advocating for neutrality and criticizing NATO and the EU. Financial markets have reacted negatively to the election outcome, raising concerns about the country’s future policies and international commitments.

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