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Moldovan President Rules Out Resignation Despite Massive Protests

© AFP 2023 / STRTens of thousands of Moldavans rally in the capital Chisinau on September 6, 2015 to demand the resignation of President Nicolae Timofti and the election of a new head of state, according to organisers.
Tens of thousands of Moldavans rally in the capital Chisinau on September 6, 2015 to demand the resignation of President Nicolae Timofti and the election of a new head of state, according to organisers. - Sputnik International
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Moldovan President Nicolae Timofti said Tuesday he would not resign despite the demands of the people protesting on the streets of Chisinau.

CHISINAU (Sputnik) — On Sunday, mass protests erupted in the Moldovan capital, with up to 100,000 anti-government protesters taking to the streets of the city to demonstrate against the worsening economic situation and numerous corruption scandals. The protests continued into Tuesday.

"I’m not going to resign, because I believe that this decision will provoke the destabilization of the country," the statement by Timofti read.

The Moldovan leader added that a power vacuum could trigger a new political crisis in the country while his task was to put an end to the period of instability in the country.

Anti-Government Protests in the nation’s capital Chisinau, Moldova - Sputnik International
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The protests in Moldova were sparked by the disappearance of more than $1 billion, or the equivalent of 15 percent of the country's total gross domestic product, from three Moldovan banks last year. The incident negatively impacted on the country's banking system and led to depreciation of the national currency, the leu.

The protesters are demanding that top officials and the government resign, and that the constitution be amended so that the president is chosen by direct ballot, rather than by members of parliament.

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