Romania Ousts Prime Minister as Coalition Collapses, Markets Jolted
Romania's parliament voted to oust Prime Minister Ilie Bolojan in a no-confidence motion after the ruling coalition fractured when the Social Democrats abandoned the alliance; austerity measures to shrink the budget deficit were disputed, and President Nicusor Dan will try to form a new government, while markets fret as the leu sinks to new lows ahead of elections due in 2028.