MP from the opposition party "Alliance for the Unification of Romanians" (AUR) Dan Tanase said today, May 20, in parliament that the party led by ex-presidential candidate George Simion will not participate in parliamentary consultations with President-elect Nikushor Dan.

Anca Manitiu, Deputy CEO of Impetum Group - one of the biggest private equity managers in Romania - analyzes the recent trends and numbers in the European and regional private equity market. Europe's alternative investment fund market - funds investing in private companies,

There was a wave of euphoria and relief across Europe following the election of pro-European liberal Nicusor Dan as Romania’s new president. Moldovan President Maia Sandu echoed the sentiment: “Congratulations,

Romanian centrist Nicusor Dan may have defied the odds to win the presidency, but now he faces an even more daunting task: forming a government that can implement years of painful austerity - and revenue-raising measures - to tame Europe's widest fiscal deficit.

Nicușor Dan swept to victory in Romania's presidential election on Sunday, defeating far-right nationalist rival George Simion with nearly 54 percent of the vote. Dan, 55 the centrist mayor of Bucharest and former mathematician who campaigned for an "honest" Romania, was victorious over Simion, 38, in a tense rerun of the contest.

Voters are choosing between hard-right Euro-sceptic George Simion and liberal mayor Nicusor Dan in a presidential run-off.

Nationalism remains the defining matter of European politics as these elections have presented referendums on the populist movements gaining traction in the Old World.