{"id":7807,"date":"2026-07-11T17:35:26","date_gmt":"2026-07-11T17:35:26","guid":{"rendered":"https:\/\/pronews.in\/index.php\/2026\/07\/11\/moldovas-president-nominates-businessman-vasile-tofan-as-prime-minister\/"},"modified":"2026-07-11T17:35:26","modified_gmt":"2026-07-11T17:35:26","slug":"moldovas-president-nominates-businessman-vasile-tofan-as-prime-minister","status":"publish","type":"post","link":"https:\/\/pronews.in\/index.php\/2026\/07\/11\/moldovas-president-nominates-businessman-vasile-tofan-as-prime-minister\/","title":{"rendered":"Moldova\u2019s president nominates businessman Vasile Tofan as prime minister"},"content":{"rendered":"<div>\n<p><em>The announcement comes after the previous prime minister, Alexandru Munteanu, stepped down earlier this month.<\/em><\/p>\n<\/div>\n<div aria-live=\"polite\" aria-atomic=\"true\">\n<p>Moldova\u2019s president has nominated a financier with no prior government experience as the country\u2019s next prime minister, tasking him with restoring public trust and pushing forward the country\u2019s bid to join the European Union.<\/p>\n<p>President Maia Sandu named Vasile Tofan, 44, a senior partner at investment firm Horizon Capital, on Saturday, after the previous prime minister, <a href=\"http:\/\/www.aljazeera.com\/news\/2026\/7\/3\/moldovas-prime-minister-quits-triggering-governments-resignation\">Alexandru Munteanu<\/a>, stepped down earlier this month, citing an inability to carry out his duties in line with his convictions.<\/p>\n<section>\n<h2>Recommended Stories <\/h2>\n<p><span>list of 3 items<\/span><\/p>\n<ul>\n<li><span>list 1 of 3<\/span><a href=\"http:\/\/www.aljazeera.com\/news\/2026\/6\/12\/eu-agrees-launch-of-accession-process-for-ukraine-and-moldova\">EU agrees launch of accession process for Ukraine and Moldova<\/a><\/li>\n<li><span>list 2 of 3<\/span><a href=\"http:\/\/www.aljazeera.com\/news\/2026\/6\/15\/eu-officially-launches-ukraine-and-moldova-accession-processes\">EU officially launches Ukraine and Moldova accession process<\/a><\/li>\n<li><span>list 3 of 3<\/span><a href=\"http:\/\/www.aljazeera.com\/news\/2026\/7\/3\/moldovas-prime-minister-quits-triggering-governments-resignation\">Moldova\u2019s prime minister quits, triggering government\u2019s resignation<\/a><\/li>\n<\/ul>\n<p><span>end of list<\/span><\/section>\n<p>At the time, Sandu thanked Munteanu for his service and for initiating \u201cdifficult but needed reforms\u201d.<\/p>\n<p>Moldova\u2019s governing Party of Action and Solidarity (PAS), which controls both parliament and the government, backs Tofan.<\/p>\n<p>Under Moldova\u2019s constitution, Tofan has 15 days to present a governing programme and Cabinet lineup to parliament for approval.<\/p>\n<h2 id=\"tofan-tasked-with-securing-eu-accession\">Tofan tasked with securing EU accession<\/h2>\n<p>Speaking at a news conference in Moldova, Tofan said reviving the economy would be among his top priorities, as would securing Moldova\u2019s accession to the EU by the end of 2028.<\/p>\n<p>\u201cIf we do not restore optimism in the eyes of entrepreneurs, nothing else will work because there simply will not be money for it,\u201d he said.<\/p>\n<p>Tofan said he had not planned major changes to the current cabinet at this stage, arguing that continuity was needed to keep government programmes on track and meet deadlines related to Moldova\u2019s EU accession process.<\/p>\n<p>\u201cIf we miss this window, we risk significantly delaying our path,\u201d he said.<\/p>\n<p>\u201cThe main challenge I will face is finding a balance between the rapid changes that are needed and continuity.\u201d<\/p>\n<p>Days before his nomination, Tofan published a Facebook post describing Argentinian President Javier Milei as an example of economic reform.<\/p>\n<p>After drawing criticism on social media, he later said he no longer believed Argentina\u2019s approach was applicable to Moldova.<\/p>\n<p>Moldova is nestled between Ukraine and EU member Romania.<\/p>\n<p>It has a Romanian-speaking majority and a \u200clarge Russian-speaking minority.<\/p>\n<p>Political power has oscillated for decades between parties supporting closer ties with Europe and those \u200cseeking better \u200crelations with Moscow.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The announcement comes after the previous prime minister, Alexandru Munteanu, stepped down earlier this month. Moldova\u2019s president has nominated a financier with no prior government experience as the country\u2019s next prime minister, tasking him with restoring public trust and pushing forward the country\u2019s bid to join the European Union. President Maia Sandu named Vasile Tofan, &#8230; <a title=\"Moldova\u2019s president nominates businessman Vasile Tofan as prime minister\" class=\"read-more\" href=\"https:\/\/pronews.in\/index.php\/2026\/07\/11\/moldovas-president-nominates-businessman-vasile-tofan-as-prime-minister\/\" aria-label=\"Read more about Moldova\u2019s president nominates businessman Vasile Tofan as prime minister\">Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":7808,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[],"class_list":["post-7807","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-travel"],"_links":{"self":[{"href":"https:\/\/pronews.in\/index.php\/wp-json\/wp\/v2\/posts\/7807","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/pronews.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/pronews.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/pronews.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/pronews.in\/index.php\/wp-json\/wp\/v2\/comments?post=7807"}],"version-history":[{"count":0,"href":"https:\/\/pronews.in\/index.php\/wp-json\/wp\/v2\/posts\/7807\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/pronews.in\/index.php\/wp-json\/wp\/v2\/media\/7808"}],"wp:attachment":[{"href":"https:\/\/pronews.in\/index.php\/wp-json\/wp\/v2\/media?parent=7807"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/pronews.in\/index.php\/wp-json\/wp\/v2\/categories?post=7807"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/pronews.in\/index.php\/wp-json\/wp\/v2\/tags?post=7807"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}