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The Romanian property bubble was a real-estate bubble in Romania from the early 2000s to 2007. After the relative calm of the 1990s, since 2002 Romania has experienced a dramatic increase in property prices.
During the Iron Age, the area was inhabited by a population identified with the Getae and the Dacians, who spoke an Indo-European language.The view that the two groups were the same is disputed, [4] while the culture's latter phase can be attributed to the Dacians; small Dacian settlements—such as Herăstrău, Radu Vodă, Dămăroaia, Lacul Tei, Pantelimon, and Popești-Leordeni—were found ...
Bucharest Russian Church built. Saint Basil the Great Cathedral opened. 1912 – Military Circle built. [1] 1913 – City hosts signing of the Treaty of Bucharest (1913). 1914 – Anglican Church (Bucharest) built. 1916 6 December: German occupation of city begins. [10] [19] August: City hosts signing of the Treaty of Bucharest (1916). 1918
Romania becomes the first European country to abolish the death penalty. [160] This, however, did not last, it is now abolished in Romania since 1990. [161] 1866: On February 22, Alexandru Ioan Cuza is forced to sign his abdication, which was mainly caused by the Agrarian Reform from 1863 that made him many enemies [citation needed].
After the end of the Cold War, Romania developed closer ties with Western Europe and the United States, eventually joining NATO in 2004, and hosting the 2008 summit in Bucharest. [194] The country applied in June 1993 for membership in the European Union and became an Associated State of the EU in 1995, an Acceding Country in 2004, and a full ...
In April, the Bucharest Tribunal ruled that the prosecutors’ case file against the four met the legal criteria and that a trial could start but did not set a date for it to begin. That ruling ...
Bucharest is the only city in Romania which has an underground railway system, comprising both the Bucharest Metro and the light rail system managed by Regia Autonomă de Transport București. Although construction was planned to begin in 1941, due to geo-political factors, the Bucharest Metro was only opened in 1979.
Most homeowners don’t have to pay capital gains on their home when they sell. Thanks to tax legislation from the ’90s, a gain of up to $250,000 for a single tax filer or $500,000 for a couple ...