Europe: Romania Elections

New series on Europe

Only a week ago I was writing that I am glad that the US elections are over and I can focus on other global events. Now I am writing about another elections, but this time I am focusing on Europe. A bit ironic, but the topic selection has a more deep reason.

As I posted on X a couple of days ago, there is a convergence of events that will make European (geo)politics one of the leading topics in 2025. Now we have upcoming elections in Romania, which is a NATO country bordering with Ukraine. Around the same time we have Irish elections, that have their own interesting angle. Next we will begin the year with elections in Germany, the biggest European economy, the third largest economy in the world and the main player in European politics.

On top of that we have a presidential election in Belarus in January, presidential election in Poland in May and parliamentary election in Norway in September. From all of the above, Romanian, German and Polish elections are especially important considering the Ukraine war.

Additionally, all of the above will happen just before or shortly after Trump is officially sworn in as POTUS. His approach to European geopolitics will be a defining theme during these European elections as countries and citizens will make choices with foreign policy at the very top of the issues.

This week I am starting with Romanian presidential elections that are due November 24th. Next week I will switch focus to Irish election and the week after I will be back again with Romanian parliamentary election. Then, somewhere in January I will focus on German elections as they are bound to happen in February. Also, for disclosure purposes, I have sold my No position on Bundestag to be dissolved by the end of 2024 for a nice profit, I do not feel like taking the risk on the dissolution being quick or not when I have already profited off mispricing.

But now Romania. If you still have not, subscribe below and let’s see what this country’s future looks like.

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Political system in Romania (briefly)

While I am European and I am used to different political systems across the continent, I know that many of my followers and subscribers are not. That is why I want to start first with describing how the political system in Romania works.

Basically each European country has its distinct political system that differs a lot from both other European countries as well as from the US one. Being fair, the US one is one of the most complicated, but each one has its quirks.