Romania's political deadlock continues to shape sentiment around Prime Minister Ilie Bolojan's tenure. His pro-EU coalition government collapsed on May 5, 2026, after a decisive 281-4 no-confidence vote initiated by the Social Democrats and far-right Alliance for the Union of Romanians, leaving Bolojan in a limited caretaker role with restricted powers until parliament approves a successor. President Nicușor Dan has led consultations among parties, but negotiations remain stalled more than three months later due to disagreements over cabinet composition, policy priorities, and fiscal reforms amid economic pressures. Polling shows gains for opposition forces, raising the prospect of prolonged uncertainty or snap parliamentary action if no agreement emerges. Traders monitor any parliamentary votes on new governments or procedural moves that could end the interim period.