You're reading: Reuters: Moldova to vote for new president as banking scandal festers

CHISINAU – Moldovans go to the polls on Oct. 28 in a presidential race that could propel a pro-Russian Socialist candidate to power after disclosure of a billion dollar corruption scandal that has sapped trust in politicians favouring closer ties with the West.

The ex-Soviet republic of 3.5 million, squeezed between Ukraine and European Union member Romania, was plunged into turmoil in 2015 following disclosure of the banking scam which triggered street protests and caused the International Monetary Fund and the European Union to freeze aid.

Read more here.