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Romanian politicians have voted in favour of a new pro-European coalition government led by incumbent Prime Minister Marcel Ciolacu. The move could usher in an end to a protracted political crisis in the European Union country following the annulment of a presidential election by a top court. Parliament approved the new administration in a 240-143 vote in Romania’s 466-seat legislature. The new coalition is made up of the leftist Social Democratic Party (PSD) the centre-right National Liberal Party (PNL), the small ethnic Hungarian UDMR party and national minorities. It caps a month-long period of turmoil in which far-right nationalists made significant gains in a parliamentary election on December 1 a week after a first-round presidential race saw the far-right outsider Calin Georgescu emerge as the front-runner. “It will not be an easy mandate for the future government,” Mr Ciolacu, whose PSD party topped the polls in the parliamentary election, said in a statement. “We are aware that we are in the midst of a deep political crisis,” he said. “It is also a crisis of trust, and this coalition aims to regain the trust of citizens, the trust of the people.” Romania’s 16 ministerial positions will be shared among the parties, which will hold a slim majority in the legislature. It is widely seen as a tactical partnership to shut out far-right nationalists whose voices found fertile ground amid high living costs and a sluggish economy. Mr Ciolacu, who came third in the first-round presidential ballot despite polls indicating he would win the most votes, has served as prime minister since June 2023. After parliament’s approval, President Klaus Iohannis swore in the new government and warned the new Cabinet that it is entering a “difficult new period” in which “for many Romanians, there are major concerns”. Romania was plunged into turmoil after Mr Georgescu’s surprise success in the presidential race, after allegations of electoral violations and Russian interference emerged. Days before the December 8 run-off, the Constitutional Court made the unprecedented move to annul the presidential race. “We go through complicated times, but I think we all learned from mistakes of the past,” Mr Ciolacu said. “I hope that together with my colleagues in the coalition, we’ll find the best solutions to get past the challenges we have in front of us.” Mr Ciolacu said that the new government would aim to quickly organise the rerun of the presidential election in which the new coalition has agreed to put forward an agreed common pro-European candidate. Cristian Andrei, a political consultant based in Bucharest, said that the new government made up of the same political parties will likely embrace “soft populist” rhetoric such as economic patriotism, anti-austerity, and a peace solution in neighbouring Ukraine to counter the rise of far-right populism. “This will be a way to answer the concerns of many Romanians who voted for populists... but will not solve the fundamental problem of trust,” he said. “The only decisive factor now will be who and how convincing the pro-European candidates will be against this popular revolt.” George Simion, the leader of the far-right Alliance for the Unity of Romanians, which came second in the parliamentary election, said that all politicians from his party on Monday would vote against the Ciolacu government. In 2021, the PSD and the PNL also formed an unlikely but increasingly strained coalition together with UDMR, which exited the Cabinet last year after a power-sharing dispute.
MILAN — Shoppers laden with bags from Fendi, Loewe, Prada and other designer labels clog the narrow sidewalks of Milan's swankiest shopping street, bringing joy to the purveyors of high-end luxury goods this, and every, holiday season. There's even more to celebrate this year: a commercial real estate company crowned Via MonteNapoleone as the world's most expensive retail destination, displacing New York's Fifth Avenue. The latest version of American firm Cushman & Wakefield's annual global index, which ranks shopping areas based on the rent prices they command, is a sign of Via MonteNapoleone's desirability as an address for luxury ready-to-wear, jewelry and even pastry brands. A man walks past a shop Dec. 12 in Monte Napoleone street in Milan, Italy. The average rent on the Milan street surged to $2,047 per square foot, compared with $2,000 per square foot on an 11-block stretch of upper Fifth Avenue. Via MonteNapoleone's small size — less than a quarter-mile long — and walking distance to services and top cultural sites are among the street's key advantages, according to Guglielmo Miani, president of the MonteNapoleone District association. "Not everything can fit, which is a benefit," since the limited space makes the street even more exclusive and dynamic, said Miani, whose group also represents businesses on the intersecting side streets that together with Via MonteNapoleone form an area known as Milan's Fashion Quadrilateral. Women look a shop Dec. 12 in Monte Napoleone street in Milan, Italy. The biggest brands on the street make 50 million euros to 100 million euros in annual sales, Miani said, which goes a long way to paying the rent. Tiffany & Co. is preparing to take up residence on Via Montenapoleone, and longtime tenant Fendi is expanding. The MonteNapoleone District says 11 million people visited the area this year through November, but there's no way to say how many were big spenders vs. window shoppers. The average shopper on Via MonteNapoleone spent 2,500 euros per purchase between August and November — the highest average receipt in the world, according to the tax-free shopping firm Global Blue. The street is a magnet for holiday shoppers who arrive in Maseratis, Porsches and even Ferraris, the sports car's limited trunk space notwithstanding. A mannequin is seen Dec. 12 in a shop in Monte Napoleone street in Milan, Italy. Lights twinkle overhead, boutique windows feature mannequins engaged in warm scenes of holiday fun, and passersby snap photos of expertly decorated cakes in pastry shop displays. A visitor from China, Chen Xinghan, waited for a taxi with a half-dozen shopping bags lined up next to him on the sidewalk. He said he paid half the price for a luxury Fendi coat that he purchased in Milan than he would have at home. "I got a lot," Chen acknowledged. "It's a fantastic place, a good place for shopping." A man waits for a taxi Dec. 12 in Monte Napoleon street in Milan, Italy. A few store windows down, Franca Da Rold, who was visiting Milan from Belluno, an Italian city in the Dolomites mountain range, marveled at a chunky, yardslong knit scarf priced at 980 euros. "I could knit that in one hour, using 12-gauge knitting needles as thick as my fingers, and thick wool. Maximum two hours," Da Rold said, but acknowledged the brand appeal. Buildings are decorated Dec. 12 in Monte Napoleone street in Milan, Italy. Despite upper Fifth Avenue getting bumped to the No. 2 spot on the Cushman & Wakefield list, the organization that serves as the Manhattan street's guardian and chief promoter had praise for MonteNapoleone's achievement. "Milan's investment in its public realm is paying off, which is a win for their shoppers, businesses and city as a whole," said Madelyn Wils, interim president of the Fifth Avenue Association. She also expressed confidence that with new investments and a record year for sales on Fifth Avenue, "we'll be back on top in no time." The holiday season feels a little less jolly considering the amount of waste generated by gift-giving. The Environmental Protection Agency estimates the amount of household garbage in the U.S. increases by 25% between Thanksgiving and New Year's. After the decorations come down, all that waste heads to landfills, producing a significant contributor to climate change: methane gas. "Greening" the holidays is essential, and one simple tip is to think more about how sustainable the materials are in your decorations, decor, and, of course, gifts. Instead of plastics, you could opt for items that can be reused, are made of renewable materials or natural fibers that boast a smaller environmental impact in both production and durability. Due to consumers' desires for more eco-friendly goods, sustainable materials are among the biggest trends in home decor. Fortunately, there are plenty of affordable—and earth-conscious—home goods that make perfect holiday gifts. Made Trade rounded up a list of sustainable home decor trends in 2025 that offer dozens of creative options for holiday gift-giving. Each trend includes examples of great gifts for the home and advice for ensuring items are sustainably produced or can help create a more eco-friendly space. In the depths of winter's gray days, it's a real gift to see a little green, which is why indoor gardening gifts are a wonderful idea. Not only are they eco-friendly and promote sustainability—the more food you can grow yourself, the less you have to buy—they also foster an appreciation of nature and bring the natural world indoors to enjoy. Sprouting kits and microgreens require minimal amounts of space and sunlight, but a sunny, south-facing window will permit a small herb garden or leafy greens for salads. If you're not sure what kind of light your recipient has access to, go with gifting indoor grow lamps along with the plants, or pick a hardy, low-water houseplant—some can act as natural air purifiers too. When buying gifts for the home, consider what materials the items are made from and how far away they come from—not only are natural materials like rattan, jute, palm leaves, clay, organic cotton and linen, and ceramics more sustainable, but if they are being used by a local craftsperson, gifters are also saving on fossil fuels for the transportation. Plus, you're helping the local economy by supporting local craftspeople, so it's a win-win. Natural fiber pillows, sheets, blankets, and even doormats offer comfort and consideration of the environment. The most sustainable and eco-friendly gift is one you already have, so get creative about reusing materials already in or around your home (raid the recycling bin, find nice pieces of wood outside, wash out and reuse glass jars) to fashion them into new, thoughtful goods. Similarly, think vintage and secondhand—what items can you give a second life to by passing them along to someone who will find new meaning in them? Some of the most thoughtful gifts are small heirlooms—pieces of jewelry or a beloved ceramic dish—passed along to the next generation that will appreciate them. Green technology offers ways to reduce our carbon footprint in everyday life, and smart thermostats, solar lights, smart sprinklers, and smart plugs all make great gifts, saving people money and conserving our valuable resources. For those looking into home renovations or updating decor, try a new light fixture paired with smart blubs, or a new window treatment with smart shades. Even something as simple as a rain barrel can reduce energy use—and while the technology for that isn't very sophisticated, it certainly is, like composting, "smart." Integrated outdoor living is the ultimate gift, allowing us to bring the natural world into our homes. However, doing so sustainably takes a little more effort than simply leaving the doors to the deck open all the time. First, find eco-friendly and sustainable outdoor furniture, perhaps thrifting it or buying it used and fixing it up for a one-of-a-kind gift. If you can't go secondhand, choose furniture made of sustainable materials such as reclaimed wood, recycled plastic (great for outdoor rugs), or bamboo. For smaller gifts, consider solar lights, a water feature that recycles water, a rain barrel, or even a set of handmade wind chimes made from seashells. Story editing by Carren Jao. Additional editing by Kelly Glass. Copy editing by Paris Close. Photo selection by Clarese Moller. This story originally appeared on Made Trade and was produced and distributed in partnership with Stacker Studio. Get the latest local business news delivered FREE to your inbox weekly.