Moldova Appoints Romanian Ex-Finance Minister As Central Bank Chief

Anca Dragu, governor of the National Bank of Moldova, attends hearings in parliament in Chisinau on December 22.

Moldovan lawmakers on December 22 confirmed Romanian politician Anca Dragu as the country's new central bank governor after dismissing Octavian Armasu from the position the previous day. Armasu was fired for failing to intervene in a 2014-15 bank-fraud scandal that resulted in the disappearance of $1 billion from Moldovan banks. Dragu, currently a lawmaker from the center-right Save Romania Union (USR), was finance minister between November 2015 and January 2017. Dragu was sworn in as a Moldovan citizen on December 22. "It is a great honor for me to contribute to the European path of Moldova," Dragu said. To read the original stories by RFE/RL's Romanian and Moldovan services, click here.