Romania has elected a new president in a landmark vote, with independent and pro-European candidate Nicușor Dan defeating far-right rival George Simion with 54% of the vote. The result marks a major political shift, as neither of Romania’s traditional parties advanced to the final round. In Poland, the second round of the election is to take place amidst the fiscal clarity issues.

In a significant political shift for CEE, Romania elected Nicușor Dan as president on May 18, 2025, while Poland's pro-European candidate Rafał Trzaskowski narrowly led the first round of its presidential election. These outcomes suggest a regional move toward centrist, pro-EU leadership.

Donald Trump has secured the necessary electoral votes to secure a second term, raising questions about how his presidency will influence real estate markets in Europe and CEE.

According to the preliminary results of the parliamentary elections held in Poland on Sunday, after 2 terms and 8 years of independent rule, Prawo i Spawiedliwość (Law and Justice) will have to hand over power to the opposition. This is certainly good news for foreign investors, who may have feared worsening chaos in law and taxation and, in the longer term, Poland's potential exit from the structures of the European Union.