Moldova

Ion Sturza nominated as PM to break political impasse


Published

Moldovan President Nicolae Timofti has nominated Ion Sturza to become the new Prime Minister of the country.

The prime minister will have 15 days in which to appoint a Cabinet and to gain a vote of confidence for a government programme. Ion Sturza has made it clear that he will appoint a Cabinet of technocrats but it is unclear if parliament will support the move.

The previous Cabinet was dismissed by parliament in October after continuing allegations of corruption over the loss of $1.5 billion from three banks before the parliamentary elections last year. Three pro-European parties, the Liberal Democratic Party (PLDM), Democratic Party (PDM), Liberal Party (PL) and the non-affiliated MPs of the Leanca group have failed to agree on a candidate for prime minister. They have a narrow majority in parliament over the pro-Russian Party of Socialists (PSRM) and Party of Communists (PCRM) who have 46 seats in the 101 seat parliament.

Ion Sturza (55) is currently living in Bucharest and is the founder and Chairman of the investment fund “Fribourg Capital.” He became a member of parliament in 1998 and was Deputy Prime Minister and Minister of Economy from 1998 – 1999. From March to November 1999 he was Prime Minister of the country before returning to the private sector. He has a degree in Economics from the Faculty of Economics, State University of Chisinau. He is married with two children.

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