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Romania was proclaimed a people's republic [294] [295] and remained under military and economic control of the Soviet Union until the late 1950s. During this period, Romania's resources were drained by the "SovRom" agreements; mixed Soviet-Romanian companies were established to mask the Soviet Union's looting of Romania. [296] [297] [298]
Romania apply to become a member of the European Union. The first wireless telephony system becomes active; 1995: The Stock Exchange reopens in Bucharest; 1996: Emil Constantinescu becomes the third President of Romania; 1997: Romania join the countries able to use GSM telephony; 2000: Iliescu returns to power after winning the elections;
After the fall of communism in Romania with the Romanian Revolution of December 1989, [45] Romania tried to regain the small Snake Island. [46] Since it is located on the Black Sea, it has access to the sea's continental shelf rich in petroleum and natural gas resources. [ 47 ]
Romania is a developing country with a high-income economy, recognized as a middle power [9] in international affairs. It is a unitary republic with a multi-party system and a semi-presidential representative democracy. It hosts several UNESCO World Heritage Sites and is a growing tourist attraction, receiving 13 million foreign visitors in ...
Administrative map of Romania in 1930. These regions and territories were part of Romania in the past: Bessarabia: this territory was part (as the eastern half) of Moldavia until 1812, when it was incorporated into the Russian Empire. The entire region became part of Romania from 1918 to 1940 when it was occupied by the Soviets.
In Romania, these include sites, buildings, structures, and objects considered worthy of preservation due to the importance of their Romanian cultural heritage. The list, [ 1 ] created in 2004, contains places that have been designated by the Ministry of Culture and National Patrimony of Romania and are maintained by the Romanian National ...
Romania's major historical sites, known as monumente istorice ("Historic monuments"), are listed in the National Register of Historic Monuments in Romania, which was created between 2004 and 2005. As of 2015, 30,148 Heritage sites are entered in the National Cultural Heritage of Romania. [ 1 ]
Romania leased its oil wells to Germany for 90 years. The Central Powers recognized the Union of Bessarabia with Romania; 535,706 Ferdinand I: Ion I. C. Brătianu: Constantin Iancovescu: Vasile Zottu (until Oct. 1916) Dumitru Iliescu (Oct. – Dec. 1916) Constantin Prezan (from Dec. 1916) Victory. Armistice of 11 November 1918; Treaty of Versailles