romania general - everything is on fire edition  today the leading left wing party with the largest number of votes received in the election has decided to no longer follow trough with the discussion of forming a new government. this leaves the country in disarray as the old government is going to lose legitimacy in a month and a new one cant be formed since it cant have majority of seats.   l/wirestory/romanias-political-tumu lt-continues-leftist-party-leaves-t alks-116938264 because the presidential election was sacked this month, the current president will end their presidency on the 21st of december. he will continue to be in power temporary until a new election cycle is held, its unknown when that will happen if ever, for a new president however he is without any power, today we also got our economic rating downgraded again, which resulted in the stock market to go down more than 5% in a day.   litics/news/romania-calls-for-fisca l-budget-consolidation-after-fitch- downgrade/ and to make things even better, we are running the largest deficit in the eu, more than 8% of the gdp has to be taken via loans or the country will cease to operate. and of course these loans are being taken at the highest interest rate also.   ania-current-account-october-2024   litics/news/romania-calls-for-fisca l-budget-consolidation-after-fitch- downgrade/ all in all romania is utterly fucked, as discussion of a new cycle of parliamentary election is being pushed by the main parties since its not possible to form a majority anymore due to the largest party leaving the talks.  hungary please save us from this nightmare!
Romania