We’re taking a break from Middle Eastern conflicts this Friday to visit Europe. In Bucharest, the capitol of Romania, elites are fighting for control of the city’s mayoral seat. Over $5 million has been invested in this prediction market.
A single candidate is best positioned, another has the party machine, but the market odds don’t reflect the real state of things.
Follow the market: Romania: Bucharest Mayoral Election? on Polymarket
Vacancy at the Center of Power
As many readers may not be familiar with Romanian politics, let us give you a few key points: