An "optimistic, realistic" budget deficit target for Romania in 2025 is 7.5% of economic output, President-elect Nicusor Dan said on Thursday, adding that preliminary talks on the 2025 and 2026 budgets do not include tax increases.

Hard-right nationalist George Simion could win Romania’s presidential election run-off on Sunday – a vote being held five months after the original election was annulled.

Presidential candidate George Simion reacts to exit polls of Romania's second round of the presidential election, in front of the parliament in Bucharest, Romania, May 18, 2025. REUTERS/Louisa Gouliamaki/File Photo (Reuters) -Romania's defeated hard-right presidential contender George Simion said late on Tuesday that he would challenge the ballot's result,