Romania's pro-European coalition government led by Prime Minister Ilie Bolojan collapsed on May 5, 2026, after parliament approved a no-confidence motion with 281 votes, far exceeding the 233 required. The Social Democratic Party, previously part of the ruling coalition, joined far-right opposition parties to back the measure amid disputes over austerity policies and budget deficit reduction efforts. Bolojan remains in office as caretaker premier with limited powers while President Nicusor Dan conducts consultations to form a new government, a process expected within a reasonable timeframe without triggering early parliamentary elections scheduled for 2028. This rapid shift in parliamentary alignments and the ongoing transition period represent the main drivers behind trader assessments of Bolojan's tenure.