Romania's ongoing government formation deadlock, triggered by the May 5, 2026, no-confidence vote that ousted the PNL-led coalition under Ilie Bolojan with PSD and AUR support, continues to shape expectations around potential parliamentary dissolution. Two prime ministerial nominees—Eugen Tomac and Adrian Veștea—have already failed to secure the required 233-vote majority in parliament, meeting the constitutional threshold under Article 89 that allows President Nicușor Dan to dissolve the legislature after 60 days and call snap elections. With parliament returning from recess in early September and parties still divided over coalition options excluding AUR, traders monitor whether Dan will nominate a third candidate or exercise dissolution authority amid risks to EU recovery funds and pressure from nationalist forces seeking early polls.