Romania, Hard-right and President Trump
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Elon Musk and David Sacks, both White House advisers, weighed in separately on the election in Eastern Europe.
Defeating populists never signals an easy return to the status quo ante.
The lead-up to the election saw a resurgence in symbolism associated with the fiercely antisemitic Iron Guard, a Romanian revolutionary fascist movement.
Romania’s assets staged a relief rally after a centrist candidate defeated his nationalist opponent in the presidential election, with investor focus now shifting to how quickly a new government can fix the state’s finances.
The first exit poll shared by Avangarde for TVR1 indicates a lead for liberal Bucharest mayor Nicusor Dan with 54.9%. Nationalist leader of far-right party AUR George Simion is on 45.10%. Turnout was high - around 65%.