Saturday, January 17, 2026

Latest

Moldova Government Resigns, President Names New Prime Minister Candidate

Moldova, a small former Soviet republic with a population of 2.5 million tucked between Ukraine and NATO and EU member Romania, experienced a major change in its political landscape on Friday. 

President Maia Sandu has nominated former Interior Minister Dorin Recean to take the place of Prime Minister Natalia Gavrilita, who resigned from her position following an 18-month tumultuous tenure marked by an economic crisis and ripples from Russia’s war in neighboring Ukraine.

Sandu said in a news conference on Friday that members of the ruling Party of Action and Solidarity (PAS) have accepted her nomination of Recean.

“I know that we need unity and a lot of work to get through the difficult period we are facing. The difficulties of 2022 postponed some of our plans, but they did not stop us,” the Moldovan President said, adding that she intends to focus on revamping key areas such as the economy and the justice sector in 2023. 

Recean, who like Gavirilita is an economist, will have 15 days to put together a new government to present to parliament for a vote. He aims to pursue Moldova’s bid to join the European Union and revive the country’s economy. 

The 48-year-old prime minister-designate said he would “proceed immediately” with forming the government. His top priorities would be “order and discipline, a new life and economy, and peace and stability.”

On top of skyrocketing inflation, which reached an all-time high of 34.62% in October of 2022, the small nation has also had to deal with the spillover of Russia’s attacks in Ukraine which include power interruptions as the Kremlin targeted Ukrainian energy facilities. Moldova has also struggled to cope with the stream of Ukrainians seeking refuge in the country.

In 2022, the turmoil crescendoed into street protests organized by the opposition party of exiled politician Ilan Shor, which demanded that the government and Sandu step down. The protests were seen to have been part of Russia’s attempts to destabilize the government, which continues to this day.

Sandu on Friday thanked the outgoing prime minister for her “enormous sacrifice and efforts to lead the country in a time of so many crises.”

Political analyst Iulian Groza of the Institute for European Policies and Reforms in Chisinau sees the reshuffle as a means to “reenergize” the cabinet and predicts a new cabinet will be presented to parliament by the end of next week. The change in government provides a fresh opportunity for Moldova to tackle its challenges and move forward with its pro-European agenda.


Information for this story was found via Reuters, ABC News, and the sources and companies mentioned. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

Why Silver Needs to Slow Down to Go Higher | Dan Dickson – Endeavour Silver

Silver Dips Are Getting Bought, This Is How Breakouts Start | John Feneck

Why $100 Silver Right Now Would Be a Problem | Keith Neumeyer – First Majestic

Recommended

NexGen Launches 42,000 Metre Drill Program At PCE While Expanding Mineralized Footprint

First Majestic Hits 2025 Guidance, Producing 31.1 Million Silver Equivalent Ounces, Increases Dividend

Related News

Putin Signals Possible Freeze of Ukraine Conflict, FT reports

Russian President Vladimir Putin has indicated willingness to consider freezing military operations along current front...

Wednesday, April 23, 2025, 02:10:00 PM

UK Ditching Green Policies? Liz Truss Vows to ‘Revolutionize Energy Supply’ by Boosting Offshore Drilling, Scrapping Fracking Ban

After freshly taking over from Boris Johnson, new UK prime minister Liz Truss vows to...

Wednesday, September 7, 2022, 08:27:10 PM

Russia Plans To Test ‘Doomsday’ Nuclear Weapon Near The Ukrainian Border

NATO has reportedly issued an intelligence assessment to its members and allies warning that the...

Wednesday, October 5, 2022, 02:56:21 PM

The Kremlin Claims That Ukraine Attempted to Assassinate Putin On Tuesday Evening

Russia has accused Ukraine of launching a drone attack on the Kremlin on Tuesday evening. ...

Wednesday, May 3, 2023, 10:14:00 AM

Gold, Silver, Crude Sent Plummeting Amid China’s Covid-19 Resurgence, Russia-Ukraine War Escalation

Gold, silver, and oil fell sharply on Monday morning, as traders’ demand for commodities soured...

Monday, April 25, 2022, 12:17:00 PM