Romania’s Social Democrats seek to take over government and pledge fiscal consolidation

On Friday, September 25, Romania’s Social Democratic Party (PSD) announced its intention to assume government leadership while committing to a program of fiscal consolidation. The party confirmed that a delegation met with representatives from the rating agency S&P to discuss the current state of the Romanian economy.

The discussions were framed as part of the process to substantiate the agency's upcoming rating decision for the country. By engaging directly with international financial evaluators, the PSD is positioning itself to manage national economic policy and address fiscal stability concerns during a potential transition of power.