Far-right victory pressures Romania's Prime Minister to resign

Romania's Prime Minister Marcel Ciolacu is facing calls to resign after a far-right leader won the first round of the presidential election re-run. This victory has increased political instability in the country. George Simion, a hard-right eurosceptic, secured approximately 41% of the vote and will compete in a May 18 run-off against Bucharest's independent centrist mayor. The ruling coalition's candidate came in third, prompting calls for the government's dissolution. The election's outcome could isolate Romania, impact investment, and destabilize NATO's eastern flank. Romanian debt yields rose following the vote, reflecting market concerns about the political shift.