Romania

Ponta faces Iohannis in Presidential second round runoff


Published

Incumbent Prime Minister, Victor Ponta, will face Klaus Iohannis in a second round runoff in the Presidential election on 16th November.

The results of Sunday’s first round gave Ponta of the centre-left Social Democratic Party (PSD) and its UNPR-PC alliance 40.33% of the vote. Klaus Iohannis of the centre-right National Liberal Party (PNL) and its Christian Liberal Alliance received 30.44% with turnout at 52.6%.

None of the other twelve candidates received more than 6% of the vote.

Călin Popescu-Tăriceanu, an Independent who came third on Sunday with 5.40% of the vote, has been suggested as a possible replacement for Victor Ponta as Prime Minister. Mr. Tăriceanu was Prime Minister off Romania from 2004 – 2008, seen by many as a golden economic period in Romania’s history. He is currently President of the Senate.

More detailed briefing on the politics and risk of doing business in this country is available to clients and subscribers. If you would like to know more then please contact enquiries@tradebridgeconsultants.com