By Luiza Ilie, Libby George and Gergely Szakacs BUCHAREST/LONDON (Reuters) -Romanian centrist Nicusor Dan may have defied the odds to win the presidency, but now he faces an even more daunting task: forming a government that can implement years of painful austerity - and revenue-raising measures - to tame Europe's widest fiscal deficit.

European Union presidential candidate Nicușor Dan won the country’s presidential election Sunday, defeating his ultranationalist rival. With 100% of the votes counted, the centrist candidate won nearly 54% of the ballots cast,