Author: Teoman Ertugrul Tulun

Since Dec. 20, 2024, Romania has experienced significant political and economic upheaval. The Constitutional Court’s unprecedented decision to annul the first round of the presidential election on Dec. 6, 2024, due to claimed evidence of Russian interference in favor of far-right candidate Călin Georgescu, sparked a political crisis. This was followed by challenges in forming a new government, with the Social Democratic Party withdrawing from pro-European coalition talks on Dec. 19. In response to these challenges, Romania’s new coalition government approved a series of economic measures on Dec. 30, 2024. These measures included tax hikes, caps on public sector wages…