Romania's ongoing parliamentary impasse stems from the May 2026 no-confidence vote that removed Prime Minister Ilie Bolojan's pro-EU coalition government, followed by the June rejection of Adrian Vestea's cabinet bid short of the required majority. Under the constitution, President Nicușor Dan may dissolve parliament and trigger snap elections once two successive prime minister-designates fail to secure confidence within a 60-day window. Persistent party fragmentation, including the Social Democrats' earlier coalition exit and cooperation with far-right forces, has blocked stable majorities, while regular elections remain scheduled for 2028 and Romania has never previously held snap polls. Traders focus on whether Dan will exercise dissolution powers amid stalled negotiations or if parties will instead pursue minority arrangements or further nominations before any deadline.