President begins search for fourth prime minister in four months
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President Nicușor Dan is holding fresh consultations today to find a prime minister who can actually survive. This will be the fourth attempt to form a government in as many months; the previous administration has been operating in a caretaker capacity since its collapse in May. The Social Democrats have arrived at Cotroceni Palace with a proposal for their leader, Sorin Grindeanu, to take the post.
The political carousel continues against a backdrop of deteriorating finances and legal drama. Standard & Poor’s kept the national credit rating at the lowest possible investment grade, BBB-, while maintaining a negative outlook. The agency is waiting for a credible fiscal plan, an unlikely arrival while the cabinet remains a revolving door.
In the courts, anti-organized crime prosecutors have questioned the father-in-law of pro-Russian figure Călin Georgescu. The investigation into embezzlement follows reports that 118,000 lei was moved through various accounts linked to the former presidential candidate's family.