By Luiza Ilie, Libby George and Gergely Szakacs BUCHAREST/LONDON (Reuters) -Romanian centrist Nicusor Dan may have defied the odds to win the presidency, but now he faces an even more daunting task: forming a government that can implement years of painful austerity - and revenue-raising measures - to tame Europe's widest fiscal deficit.

Dan, 55, is staunchly pro-EU and NATO, and has said Romania's support for Ukraine is vital for its own security against a growing Russian threat. He has promised to clamp down on corruption.

The outcome could have profound consequences for Romania and the European Union, with Dan pledging to keep the Eastern European country on its pro-Western trajectory, while Simion wants to join a ...

Romania has overtaken Poland as the worst country in the EU for LGBTQ+ people, according to a ranking published by the Brussels-based non-governmental organization ILGA-Europe. Countries are placed in the organization’s annual "Rainbow Map" according to factors such as the number of hate

There was a wave of euphoria and relief across Europe following the election of pro-European liberal Nicusor Dan as Romania’s new president. Moldovan President Maia Sandu echoed the sentiment: “Congratulations,

The centrist mayor of Bucharest, Nicuşor Dan, is set to win Romania ‘s pivotal presidential election with 99 per cent of votes counted, according to official figures showing the pro-EU independent eight points clear of his far-right rival, George Simion.

Anca Manitiu, Deputy CEO of Impetum Group - one of the biggest private equity managers in Romania - analyzes the recent trends and numbers in the European and regional private equity market. Europe's alternative investment fund market - funds investing in private companies,

Voters are choosing between hard-right Euro-sceptic George Simion and liberal mayor Nicusor Dan in a presidential run-off.