Romanian Government Falls, Sowing Doubts Over Fiscal Reforms

Romania’s government collapsed after losing a no-confidence vote, triggering challenging talks over a new cabinet that’s needed to safeguard efforts to rein in the European Union’s widest budget deficit.

The Social Democrats, the largest party in the country’s parliament which initiated the motion against Prime Minister Ilie Bolojan’s minority cabinet, urged President Nicusor Dan to convene talks quickly with political parties and for the premier to resign as interim leader.