A finalist in the November 2014 presidential election, Ponta lost to PNL candidate Klaus Iohannis. The following month, the UDMR quit government, prompting Ponta to form a fourth cabinet, with the Conservative Party (PC) and the Liberal Reformist Party (PLR) as junior partners. The cabinet was in office for slightly less than a year, resigning in the wake of the Colectiv nightclub fire.