Romania’s ongoing political crisis, triggered by the May 2026 no-confidence ouster of Prime Minister Ilie Bolojan’s government, has created the constitutional conditions for Parliament’s dissolution under Article 89. Two successive prime-ministerial nominees have already been rejected, and more than 60 days have passed since the first failed investiture attempt, giving President Nicușor Dan the discretionary power to dissolve the chambers and call snap elections. Dan has resisted this step, citing risks of prolonged instability and a potential far-right Alliance for the Union of Romanians (AUR) plurality in new voting. AUR and parts of the opposition continue pressing for early elections, while the latest nominee, diplomat Luca Niculescu, faces a confidence vote within days. Traders weigh the likelihood of continued deadlock versus the president’s preference for forming a government before any dissolution.