The Romanian Social Democratic Party (PSD) and far-right Alliance for the Union of Romanians (AUR) have filed a no-confidence motion against the Ilie Bolojan government with 251 parliamentary signatures, exceeding the 233 votes needed for passage. The motion is scheduled for vote on May 5, 2026, and AUR leader George Simion indicated high confidence it will pass, citing voter demand for change and criticizing the government's taxation policies related to deficit reduction. The PM warned that political turmoil threatens investor confidence and Romania's ability to absorb EU funds.

Romania's Prime Minister Ilie Bolojan was removed through a no-confidence motion backed by the Social Democratic Party and far-right Alliance for the Union of Romanians, sparking renewed financial market volatility. Société Générale analysts warn that while near-term stabilization is possible under a new government, a lasting improvement in investor sentiment has become unlikely given the political crisis, with particular concern over the country's ability to meet fiscal consolidation targets and absorb remaining EU recovery funds before the August 2026 deadline.