Elon Musk and David Sacks, both White House advisers, weighed in separately on the election in Eastern Europe.

Defeating populists never signals an easy return to the status quo ante.

A pro-European Union centrist pulled off an upset in Romania's presidential election, beating out a hard-right nationalist who had channeled people's anger at the political establishment to surge in the polls.

Romania’s assets staged a relief rally after a centrist candidate defeated his nationalist opponent in the presidential election, with investor focus now shifting to how quickly a new government can fix the state’s finances.

The lead-up to the election saw a resurgence in symbolism associated with the fiercely antisemitic Iron Guard, a Romanian revolutionary fascist movement.

Pro-European Union centrist Nicusor Dan managed an upset in Romania’s presidential election, beating out a hard-right nationalist who had channeled people’s anger at the political establishment to surge in the polls.