What You Need To Know
✅ Moldova’s pro-Russian presidential candidate Igor Dodon swept to victory in the second round of voting on November 13. His win could pave the way for snap parliamentary elections which may oust the current government which favors closer relations with the European Union.
✅ A $1 billion corruption scandal in 2014 was a bad blow in voters’ trust of pro-EU leaders. The ‘theft of the century’ led to the then prime minister being jailed.
✅ Dodon’s Socialist Party has promised to scrap an E.U. trade agreement signed in 2014 in favor of joining the Eurasian Economic Union dominated by Russia. Yet Moldova largely relies on financial support from the E.U. and International Monetary Fund, making such a deal questionable.