Moldova President Nominates Businessman Vasile Tofan as PM

Moldovan President Maia Sandu nominated businessman Vasile Tofan as the country's next prime minister on Saturday, July 11, 2026, tasking the political newcomer with forming a new government to advance Moldova's European Union membership bid and revive its struggling economy. The nomination follows the resignation of former Prime Minister Alexandru Munteanu, who stepped down earlier this month.

Tofan, a 44-year-old senior partner at the investment firm Horizon Capital, now has 15 days under Moldovan law to present a governing program and cabinet lineup to parliament for a vote of confidence. The governing Party of Action and Solidarity, which controls parliament, has expressed support for his nomination.

Speaking at a news conference, Tofan outlined his priorities, stating that securing Moldova's accession to the EU by the end of 2028 and restoring economic optimism would be paramount. He emphasized the need for continuity in government programs to meet EU-related deadlines, indicating he did not plan major immediate changes to the current cabinet. The main challenge, he said, would be balancing the rapid changes needed with necessary stability.