Analysis
Economic Security
Why Ukraine’s Fate May Depend on Beijing
4 November 2025
The headlines declared victory. The West breathed a sigh of relief. But inside Romania, the reality is more complex. Nicușor Dan faces a fragile coalition, economic crisis and a state apparatus unwilling to change. If his presidency fails to deliver, the next populist wave could be unstoppable – and fatal for Romanian democracy.
Shortly after winning the presidency of Romania following nerve-wracking elections, Nicușor Dan is hailed as the man who saved the country from Russian influence and far-right extremism. But beyond external praise and domestic hopes lies a harsher truth: he has only won the first battle.
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The war to preserve Romania’s democracy is just beginning. The ground is mined with political instability, economic vulnerability, a divided society and increasingly sophisticated hybrid threats.
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