forex  
Home FAQ Calendar Search Today's Posts Mark Forums Read

Go Back   forex > Main Category > Main Forum > Articles

Reply
 
Thread Tools Display Modes
  #1  
Old 04-07-2012, 03:29 AM
251 251 is offline
Super Moderator
 
Join Date: Jan 2012
Posts: 3,341
Default Romania

Romania (i/roʊˈmeɪniə/ roh-MAY-nee-ə; dated: Roumania;[6] or Rumania;[7][8] Romanian: Romānia [romɨˈni.a] ( listen)) is a country located at the crossroads of Central and Southeastern Europe, on the Lower Danube, within and outside the Carpathian arch, bordering on the Black Sea.[9] Romania shares a border with Hungary and Serbia to the west, Ukraine and Moldova to the northeast and east, and Bulgaria to the south.

At 238,400 square kilometers (92,000 sq mi), Romania is the ninth largest country of the European Union by area, and has the seventh largest population of the European Union with approximately 19 million people.[2] Its capital and largest city is Bucharest, the tenth largest city in the EU with about two million people.

The Kingdom of Romania emerged when the principalities of Moldavia and Wallachia were united under Prince Alexander Ioan Cuza in 1859. Independence from the Ottoman Empire was declared on May 9, 1877, and was internationally recognized the following year. At the end of World War I, Transylvania, Bukovina and Bessarabia united with the Kingdom of Romania. Greater Romania emerged into an era of progression and prosperity that would continue until World War II. By the end of the War, many north-eastern areas of Romania's territories were occupied by the Soviet Union, and Romania forcibly became a socialist republic and a member of the Warsaw Pact.

With the fall of the Iron Curtain and the 1989 Revolution, Romania began its transition towards democracy and a capitalist market economy. After a decade of post-revolution economic problems, extensive reforms fostered economic recovery making Romania now an upper middle-income country with high human development. In recent years numbers of Romanian nationals immigrating to the United Kingdom has increased rapidly, due to the laws of the European Union which allow free immigration between member states. [10]

Romania joined NATO on March 29, 2004, the European Union on January 1, 2007 and is also a member of the Latin Union, of the Francophonie, of the OSCE, of the WTO, of the BSEC and of the United Nations. Today, Romania is a unitary semi-presidential republic, in which the executive branch consists of the President and the Government.
Reply With Quote
Reply

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump