💎 Fed’s first rate cut since 2020 set to trigger market. Find undervalued gems with Fair ValueSee Undervalued Stocks

Sandu launches Moldova re-election bid, referendum campaign on joining EU

Published 09/20/2024, 05:17 PM
Updated 09/20/2024, 05:22 PM
© Reuters. Moldovan incumbent President and candidate in the upcoming presidential election Maia Sandu, Moldovan Prime Minister Dorin Recean and Parliament Speaker Igor Grosu attend Sandu's campaign rally in Chisinau, Moldova September 20, 2024. REUTERS/Vladislav Cu

By Alexander Tanas

CHISINAU (Reuters) - Pro-European President Maia Sandu staged a city centre rally on Friday to kick off her bid for re-election in a month-long campaign held alongside a referendum to cement her drive to join the European Union.

Sandu drew a evening crowd of 3,000 chanting supporters at Chisinau's opera house while one of her main rivals, Alexandr Stoianoglo, the prosecutor general she dismissed, addressed about 100 backers at the city's triumphal arch.

As the deadline for filing nominations closed, Moldova's Central Election Commission said four candidates had been registered for the Oct. 20 election.

That number could rise to a record 12 next week once the commission examines the 15,000 signatures accompanying each submission.

Sandu has denounced Russia's invasion of Ukraine and derides Russia and corruption as the two biggest threats facing her ex-Soviet state lying between Ukraine and Romania.

"Every generation has its mission. Those before us fought for freedom, their language, self-determination...and risked losing their jobs or being arrested," Sandu told her supporters.

"For our generation of democracy, it is integrating Moldova into the broad European family of lasting peace and prosperity."

Stoianoglo was fired by Sandu on grounds of failing to pursue her anti-corruption drive with sufficient vigour.

He has the backing of the pro-Moscow opposition Socialist Party, which says it does not oppose EU membership but accuses Sandu of manipulating the referendum to secure a second term.

Also registered are Renato Usatii, who finished third behind Sandu in the 2020 election and adopts a middle ground between Russia and Western Europe, and Former Prime Minister Vasile Tarlev.

Other candidates likely to secure approval include another former prime minister and a former deputy prime minister.

Sandu has spearheaded the drive for Moldova, one of Europe's poorest states, to join the EU and last year the 27-member bloc agreed to launch membership talks with her government.

Recent polls put Sandu comfortably in front with about 27% support, with Usatii and Stoianolgo both on about 11.5%.

© Reuters. Moldovan incumbent President and candidate in the upcoming presidential election Maia Sandu, Moldovan Prime Minister Dorin Recean and Parliament Speaker Igor Grosu attend Sandu's campaign rally in Chisinau, Moldova September 20, 2024. REUTERS/Vladislav Culiomza

Surveys show about 48% willing to vote for the constitutional amendments to enable the country to join the EU, with 37% opposed.

Seventeen parties are likely to be allowed to take part in the referendum campaign, including three calling for a "no" vote.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.