Balkanalysis.com

Romania

Capital Bucureşti
Time Zone EEST (GMT+2)
Country Code 40
Mobile Codes 71,72,73,74,75,76,77,78
ccTLD .ro
Currency Leu nou (1EUR = 4.1 RON)
Land Area 238,391 sq km
Population 22 million
Language Romanian
Major Religion Orthodox Christianity

Romania’s Winter 2017 Protests: Behind the Power Struggle of the Secret Services, Politicians, and Soros NGOs

March 5, 2017

Balkanalysis.com editor’s note: George Soros’ web of intrigue is coming under increasing scrutiny, from America to Eastern Europe. Yet while it is commonly believed Soros only supports leftist causes, the case of Romania shows that his political support can change to match his unclear interests. This exclusive analysis reveals how, while retaining his traditional method […]

Read More


Boosting Contemporary Art in Romania: Interview with Mihai Suta and Dan Vuletici

November 26, 2012

Balkanalysis.com Editor’s Note: in this extraordinary new interview, Balkanalysis.com Director Chris Deliso documents the experience and ideas of two visionary young Romanians working hard to develop and promote contemporary art in their country. Chris spoke recently with the pair, Mihai Suta and Dan Vuletici at the arty Scârţ loc lejer bar in their city of […]

Read More


Key Data

Notable Public Figures

Klaus Iohannis, President

Sorin Grindeanu, Prime Minister

-Pending-

, Interior Minister

, Budget Minister

, Finance Minister

, Foreign Minister

, Defense Minister

, Energy Minister

Raluca Turcan, Head of opposition PNL

Daniel, Patriarch of the Romanian Orthodox Church

Brands & Distinctions

Tourism

Gymnastics

Car manufacturing

Major Industries

Constructions, car manufacturing, information technology, agriculture.

Key Trade Partners

Italy, US, CEFTA countries, Moldova

Main Airports

Bucureşti-Otopeni, Bucureşti-Băneasa, Timişoara, Cluj, Constanţa

Issues and Insights

Overview

Romania is a country of Latin language and culture on the banks of the Black Sea. A member of the EU since 2007, Romania is building a stronger European identity, all the while defining itself as an important regional partner. The beautiful landscapes and fast-growing industries make it a very attractive destination.The European membership had done much for the business environment and reduction of corruption, but the general view is that there is still room for improvement in that particular area.

Outstanding Issues

Romania has no border disputes with its neighbors, but ethnic repartition in Eastern Europe is an issue in the relationships with neighboring Hungary, Ukraine and Moldova.  The Russian support for the Moldovan Transnistria province is a chronic side-effect of the relations, as Romania has sought reunion with Moldova in the past. The EU is also involved in this issue.

Relations with EU have been strained previous to and after the accession, due to  corruption and reform issues. Romania’s non-accession to the Schengen Zone was also an irritant. The EU has been critical of the government and institutions several times in recent years, and the increase of NATO-Russia tensions (and even relations with Syria) have affected Western interference in Romanian affairs. Romania did not suffer from the 2015 migrant crisis, being too far east of major routes, but has seen a military build-up due to the NATO efforts against Russia.

Forward Planning: Points of Interest

  • Institutional reform, corruption claims and economic rebalancing
  • Citizens rights in the EU following the June 2016 Brexit vote- brain drain effects and possible repatriation challenges
  • EU relations, as well as US-backed initiatives with political impact due to rivalry with Russia
  • Future business deals of environmental impact such as energy infrastructure and gold mining
  • Infrastructure development in rural areas and reduction of emigration through economic development