The pro-European Union coalition of Romanian Prime Minister Ilie Bolojan has collapsed after a 281-4 vote of no confidence. The Social Democrats, Bolojan’s allies, joined forces with far-right parties to remove the prime minister from office. Prior to the vote on Tuesday, Romania’s currency, the leu, plunged to a historic low against the euro.
Why It Matters
The collapse of Prime Minister Bolojan’s pro-EU coalition and his subsequent ousting have significant implications for Romania’s political landscape. The alliance between the Social Democrats and far-right parties to remove Bolojan highlights the shifting dynamics within the country’s government. The sharp decline of the leu against the euro also raises concerns about Romania’s economic stability and the potential impact on its relationship with the European Union.
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