Russia and Europe tussle for Moldova, as just over 50% vote ‘yes’ on future EU membership

Russia and Europe tussle for Moldova, as just over 50% vote ‘yes’ on future EU membership


Moldovan citizens living in Moscow are seen queuing to vote at a polling station during the 2024 Moldovan elections in Moscow, Russia on October 20, 2024. Moldovans headed to the polls on Sunday for a presidential election and a referendum on EU membership with the votes being held under the shadow of the ongoing struggle between the West and Russia over Moldova. 

Anadolu | Anadolu | Getty Images

Moldova’s political destiny was hanging in the balance on Monday after key votes on whether to embrace a future with Europe, or to remain within Russia’s orbit.

Two votes were held in the former Soviet republic over the weekend: one was a presidential election that will now see incumbent and pro-Europe President Maia Sandu face a second round of voting against her euroskeptic rival, Alexandr Stoianoglo. Voters also headed to the polls over a referendum on whether the country should make its pursuit of membership of the European Union (EU) a national goal, enshrined in the country’s constitution.

A slim majority of 50.16% of respondents answered “yes,” according to a provisional count of 98.56% of votes, Moldova’s Central Election Commission said in a video briefing, according to a CNBC translation.

The referendum is the culmination of years of division and uncertainty over whether Moldova should ally its destiny with its Western neighbors, or with Moscow.

Sandwiched between Ukraine to the east and Romania to the west, the mainly agrarian-orientated nation is frequently labeled as one of Europe’s poorest countries. Since the breakup of the Soviet Union in 1991, it has seesawed between pro-Russia and pro-Europe governments, such as President Sandu’s current administration.

Formal talks on joining the bloc already began in June, but the — non-legally binding — referendum of Sunday was seen as cementing Moldova’s pro-EU trajectory.

European Commision’s President Ursula von der Leyen (L) greets Moldova’s President Maia Sandu (R) at the beginning the beginning of the European People’s Party (EPP) Congress in Bucharest on March 6, 2024. 

Daniel Mihailescu | Afp | Getty Images

The marginal win for the “yes” camp supporting the pro-EU direction of the country could be taken as a sign of indecision and division among the electorate, but Moldova’s leadership accused Russia of conducting a campaign to “buy” votes to sway the results of the presidential election in favor of her pro-Russia rival, and the EU referendum, as it vies to maintain influence over what it sees as its “back yard.”

“Criminal groups, working with foreign forces hostile to our national interests, have attacked our country with tens of millions of euros, lies, and propaganda, using the most disgraceful means to keep our nation trapped in uncertainty and instability,” incumbent President Maia Sandu said in a statement posted on social media platform X.

“We have clear evidence that these criminal groups aimed to buy 300,000 votes – a fraud of unprecedented scale. Their objective was to undermine a democratic process. Their intention is to spread fear and panic in the society,” she added.

A combine harvests corn in a field on October 20, 2024 in Calfa, Moldova. Moldova held its presidential election on Sunday, with incumbent pro-EU President Maia Sandu facing former prosecutor Alexandr Stoianoglo, backed by the pro-Russian Socialist Party, and nine other candidates. Voters also took part in a referendum whether to amend the constitution to make EU membership an official national goal. 

Pierre Crom | Getty Images News | Getty Images



Source

Fed’s Goolsbee says inflation could come ‘roaring back’ if central bank independence goes away
World

Fed’s Goolsbee says inflation could come ‘roaring back’ if central bank independence goes away

Chicago Federal Reserve President Austan Goolsbee expressed caution Thursday about recent attacks on the central bank and Chair Jerome Powell, saying they could adversely affect inflation. “Anything that’s infringing or attacking the independence of the central bank is a mess,” Goolsbee said during a CNBC “Squawk Box” interview. “You’re going to get inflation come roaring […]

Read More
These Greenland mining stocks have risen in 2026 — many by more than 70%
World

These Greenland mining stocks have risen in 2026 — many by more than 70%

Mining companies with projects based in Greenland, the Arctic island at the center of a political firestorm between the U.S. and Europe, have seen share prices surge in 2026. Following the capture of Venezuelan President Nicolas Maduro on Jan. 3, the U.S. has ramped up rhetoric around acquiring Greenland by diplomatic or military means, citing […]

Read More
Amazon launches its ‘sovereign’ cloud in Europe and plots expansion
World

Amazon launches its ‘sovereign’ cloud in Europe and plots expansion

People walk past the logo of Amazon Web Services (AWS) at its exhibitor stall at the India Mobile Congress 2025 at Yashobhoomi, a convention and expo center in New Delhi, India, October 8, 2025. Anushree Fadnavis | Reuters Amazon launched its “sovereign cloud” offering in Europe on Thursday in a move designed to keep it […]

Read More