Finance

Moldovan president warns of 'harsh winter' in inauguration speech

Published by Global Banking & Finance Review

Posted on December 24, 2024

2 min read

· Last updated: January 27, 2026

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Moldovan President Maia Sandu delivers inauguration speech on winter challenges - Global Banking & Finance Review
President Maia Sandu addresses the nation during her inauguration, warning of a harsh winter ahead for Moldova amid potential energy crises. This image highlights her commitment to overcoming challenges in the finance and energy sectors.
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CHISINAU (Reuters) - Moldova faces a harsh winter but will overcome the challenge, President Maia Sandu said at the inauguration for her second term on Tuesday. Sandu, who won a closely contested

Moldovan President Warns of Energy Crisis in Winter

CHISINAU (Reuters) - Moldova faces a harsh winter but will overcome the challenge, President Maia Sandu said at the inauguration for her second term on Tuesday.

Sandu, who won a closely contested election in November, faces a potential energy crisis as the threat of Russia cutting off gas supply to the small eastern European nation looms.

"A harsh winter is no secret. But, dear people, we will get through it," said Sandu at the inauguration ceremony in the capital, Chisinau.

"We’ve been blackmailed with gas and now with darkness — it’s not the first time. But light will prevail; we will prevail."

In her first term, Sandu pivoted Moldova towards the European Union and NATO and away from Moscow, which ruled the country during the Soviet era.

Russia is expected to cut off gas supplies to Moldova and its breakaway Russia-backed Transnistria region from Jan. 1, when the existing supply contract expires. Chisinau declared a state of emergency earlier this month as a result.

Sandu, who has consistently pushed for Moldova's entry into the EU, won her second term with a narrower margin than her first electoral victory in 2020.

This time, she defeated a former prosecutor general backed by a traditionally pro-Russian party in a vote marred by allegations of election meddling by Moscow, which it denies.

The election also exposed underlying public grievances, and Sandu, who ended up with 55.33% of the overall vote, only won because of strong backing from Moldovans voting from overseas. Within the country's borders, she lost by a narrow margin.

(Reporting by Alexander Tanas in Chisinau and Max Hunder in London. Editing by Mark Potter)

Key Takeaways

  • Moldova faces a potential energy crisis this winter.
  • President Maia Sandu warns of Russian gas supply cuts.
  • Sandu's second term focuses on EU and NATO alignment.
  • Election victory was narrow, with strong overseas support.
  • Chisinau declared a state of emergency due to the crisis.

Frequently Asked Questions

What is the main topic?
The main topic is Moldova's potential energy crisis due to possible Russian gas supply cuts and the implications for the country's winter.
What challenges does Moldova face?
Moldova faces a harsh winter and potential energy crisis as Russia may cut off gas supplies, impacting the nation's stability.
How did Maia Sandu win her second term?
Maia Sandu won her second term with strong overseas support, despite a narrow margin within Moldova and allegations of election meddling.

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