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Reuters · October 15, 2026

Social Democrats Say They Will Join Prime Minister-Designate Luca Niculescu's Proposed Government, Which Is to Be Unveiled on Thursday Before a Confidence Vote

  • The Social Democrats (PSD), parliament's largest party, will have 11 ministers in the proposed government that Prime Minister-designate Luca Niculescu will unveil on Thursday before a parliamentary vote of confidence, PSD leader Sorin Grindeanu said late on Wednesday, according to the report.
  • Technocrats will fill other ministerial posts, including finance, energy and foreign affairs, according to the report; other pro-European parties said they will back Niculescu, ensuring the 233 votes required to win the vote of confidence, according to the report.
  • Niculescu, 55, will lead President Nicusor Dan's fourth attempt to install a government in the five months since the previous coalition cabinet collapsed, according to the report; the PSD said it will join on condition that a 2027 budget plan be unveiled by December 1, with no further tax hikes, according to the report.
Removed: Characterization of the political crisis and its market effects beyond the documented pledges, posts and conditions reported.

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