Key facts
- Moldova's ruling Action and Solidarity Party (PAS) nominated Vasile Tofan as Prime Minister.
- Parliament Speaker Igor Grosu announced the nomination on Friday, July 10.
- President Maia Sandu confirmed the nomination on Saturday, July 11.
- Vasile Tofan is a 44-year-old financier and senior partner at Horizon Capital.
- Tofan previously supported President Maia Sandu in the 2024 presidential election.
- The new administration aims to accelerate European integration and secure EU membership by 2028.
Moldova's ruling Action and Solidarity Party (PAS) has officially nominated businessman and investor Vasile Tofan for the position of prime minister, with Parliament Speaker Igor Grosu announcing the decision on Friday, July 10. President Maia Sandu confirmed the nomination on Saturday, July 11, during a press conference.
Tofan, 44, is a seasoned financier and senior partner at the investment firm Horizon Capital. He previously supported President Maia Sandu in the 2024 presidential election, indicating a strong political alliance.
The nomination leverages the party's legislative majority, anticipating a swift transition. Grosu highlighted Tofan's background in private equity, international investments, and corporate governance, noting his experience in managing major corporate assets and directing investment frameworks that fostered employment and economic modernization.
Accepting the mandate, Tofan acknowledged the significant responsibility and pledged to utilize his corporate expertise to achieve Moldova's primary strategic objectives, specifically committing to reforms necessary for full European Union membership by 2028. The incoming cabinet is expected to prioritize accelerating European integration, boosting macroeconomic stability, and strengthening institutional resilience amidst complex regional geopolitical challenges. Upon receiving the presidential decree, Tofan will have 15 days to finalize his cabinet and present a governance program for parliamentary approval.