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Nicolae Văcăroiu
Nicolae Văcăroiu (; born 5 December 1943) is a Romanian politician, member of the Social Democratic Party (Romania), Social Democratic Party (PSD), who served as Prime Minister of Romania, Prime Minister between 1992 and 1996. Before the Romanian Revolution, 1989 Revolution, he worked at the Committee for State Planning, together with Theodor Stolojan. He was the President of the Senate of Romania for almost eight years, during two legislatures (2000–2004 and 2004–2008). Political activity On November 20, 1992, he was appointed to the role of Prime Minister of Romania. His prime ministerial mandate began with some limited Economy of Romania, economic reforms in the areas of fiscal, budgetary, monetary, and industrial prices, which made possible the resumption of Romania's economic growth starting in 1993. Between 1993 and 1996, the Gross domestic product, GDP grew by 17.5%, after a contraction of 24.5% in 1990-1992 immediately after the Romanian Revolution, fall of the ...
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President Of Romania
The president of Romania () is the head of state of Romania. The president is directly elected by a two-round system, and, following a modification to the Romanian Constitution in 2003, serves for five years. An individual may serve two terms that may be consecutive. During their term in office, the president may not be a formal member of a political party. The president of Romania is the supreme commander of the Romanian Armed Forces. The office of president was created in 1974 when communist leader Nicolae Ceaușescu elevated the presidency of the State Council to a fully fledged executive presidency. It took its current form in stages after the Romanian Revolution, culminating in adopting Romania's current constitution in 1991. Nicușor Dan is the 6th and current president since 26 May 2025. Communist era In the Communist era, the president was elected for a five-year term by the Great National Assembly (GNA) on the recommendation of the Romanian Communist Pa ...
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Odesa Oblast
Odesa Oblast (), also referred to as Odeshchyna (Одещина), is an administrative divisions of Ukraine, oblast (province) of southwestern Ukraine, located along the northern coast of the Black Sea. Its administrative centre is the city of Odesa. Population: The length of coastline (sea-coast and estuaries) reaches , while the state border stretches for .Tell about Ukraine. Odesa Oblast
24 Kanal (youtube).
The region has eight seaports and five of the biggest lakes, including Yalpuh Lake, in Ukraine. With over of vineyards, it is also the Wine production in Odesa Oblast, largest wine-growing region in Ukraine.


History

Evidence of the earliest inhabitants in this area comes from the settlements and burial grounds of the Neolithic Karanovo cu ...
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Privatization
Privatization (rendered privatisation in British English) can mean several different things, most commonly referring to moving something from the public sector into the private sector. It is also sometimes used as a synonym for deregulation when a heavily regulated private company or industry becomes less regulated. Government functions and services may also be privatised (which may also be known as "franchising" or "out-sourcing"); in this case, private entities are tasked with the implementation of government programs or performance of government services that had previously been the purview of state-run agencies. Some examples include revenue collection, law enforcement, water supply, and prison management. Another definition is that privatization is the sale of a state-owned enterprise or municipally owned corporation to private investors; in this case shares may be traded in the public market for the first time, or for the first time since an enterprise's previous natio ...
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Gross Domestic Product
Gross domestic product (GDP) is a monetary measure of the total market value of all the final goods and services produced and rendered in a specific time period by a country or countries. GDP is often used to measure the economic performance of a country or region. Several national and international economic organizations maintain definitions of GDP, such as the OECD and the International Monetary Fund. GDP is often used as a metric for international comparisons as well as a broad measure of economic progress. It is often considered to be the world's most powerful statistical indicator of national development and progress. The GDP can be divided by the total population to obtain the average GDP per capita. Total GDP can also be broken down into the contribution of each industry or sector of the economy. Nominal GDP is useful when comparing national economies on the international market according to the exchange rate. To compare economies over time inflation can be adjus ...
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Economy Of Romania
The economy of Romania is a developing mixed economy, with a high degree of complexity. It ranks 12th in the European Union by total nominal GDP and 7th largest when adjusted by purchasing power (PPP). The World Bank notes that Romania's efforts are focused on accelerating structural reforms and strengthening institutions in order to further converge with the European Union. The country's economic growth has been one of the highest in the EU since 2010, with 2022 seeing a better-than-expected 4.8% increase. In recent years, it witnessed growth rates such as: 4.8% in 2016, 7.1% in 2017, 4.4% in 2018 and 4.1% in 2019. In 2020, its GDP per capita in purchasing power standards reached 72% of the European Union average, up from 44% in 2007, the highest growth rate in the EU27. Romania's economy ranks 35th in the world by its total GDP ( PPP), with a Int$784 billion annual output (2023 est.). The country is a leading destination in Central and Eastern Europe for foreign direct ...
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Bloomsbury Publishing
Bloomsbury Publishing plc is a British worldwide publishing house of fiction and non-fiction. Bloomsbury's head office is located on Bedford Square in Bloomsbury, an area of the London Borough of Camden. It has a US publishing office located in New York City, an India publishing office in New Delhi, an Australian sales office in Sydney CBD, and other publishing offices in the UK, including in Oxford. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index. History The company was founded in 1986 by Nigel Newton, who had previously been employed by other publishing companies. It was floated as a public registered company in 1994, raising £5.5 million, which was used to fund expansion of the company into paperback and children's books. A rights issue of shares in 1998 further raised £6.1 million, which was used to expand the company, in particular to found a U.S. branch. In 1998, Bloomsbury USA was established. Bloomsbury USA Books for Young Read ...
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Romanian Revolution
The Romanian revolution () was a period of violent Civil disorder, civil unrest in Socialist Republic of Romania, Romania during December 1989 as a part of the revolutions of 1989 that occurred in several countries around the world, primarily within the Eastern Bloc. The Romanian revolution started in the city of Timișoara and soon spread throughout the country, ultimately culminating in the Trial and execution of Nicolae and Elena Ceaușescu, drumhead trial and execution of longtime Romanian Communist Party (PCR) General Secretary Nicolae Ceaușescu and his wife Elena Ceaușescu, Elena, and the end of 42 years of Communist state, Communist rule in Romania. It was also the last removal of a Marxism–Leninism, Marxist–Leninist government in a Warsaw Pact country during the events of 1989, and the only one that violently overthrew a country's leadership and executed its leader; according to estimates, over one thousand people died and thousands more were injured. Following W ...
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Romania
Romania is a country located at the crossroads of Central Europe, Central, Eastern Europe, Eastern and Southeast Europe. It borders Ukraine to the north and east, Hungary to the west, Serbia to the southwest, Bulgaria to the south, Moldova to the east, and the Black Sea to the southeast. It has a mainly continental climate, and an area of with a population of 19 million people. Romania is the List of European countries by area, twelfth-largest country in Europe and the List of European Union member states by population, sixth-most populous member state of the European Union. Europe's second-longest river, the Danube, empties into the Danube Delta in the southeast of the country. The Carpathian Mountains cross Romania from the north to the southwest and include Moldoveanu Peak, at an altitude of . Bucharest is the country's Bucharest metropolitan area, largest urban area and Economy of Romania, financial centre. Other major urban centers, urban areas include Cluj-Napoca, Timiș ...
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2007 Romanian Presidential Impeachment Referendum
A presidential impeachment referendum was held in Romania on 19 May 2007 in order to determine whether president Traian Băsescu should be forced to step down. On 19 April 2007 the Romanian parliament suspended Băsescu."Romania's MPs suspend president"BBC News'', 19 April 2007 As the Constitutional Court of Romania acknowledged the Parliament's vote on the following day, Băsescu remained suspended from the position of president until the referendum would clarify the situation. It took place on 19 May 2007 and confirmed that the impeachment should not stand. 24.75% voted to impeach Băsescu, while 74.48% wanted to keep him in office. Although not impeached, Băsescu is the first president in the history of Romania who has been officially suspended. Impeachment vote by Parliament In early 2007, Băsescu was proposed for impeachment by the members of the opposition parties for allegedly unconstitutional conduct. One of the major issues in the confrontation was the activity of ...
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Economist
An economist is a professional and practitioner in the social sciences, social science discipline of economics. The individual may also study, develop, and apply theories and concepts from economics and write about economic policy. Within this field there are many sub-fields, ranging from the broad philosophy, philosophical theory, theories to the focused study of minutiae within specific Market (economics), markets, macroeconomics, macroeconomic analysis, microeconomics, microeconomic analysis or financial statement analysis, involving analytical methods and tools such as econometrics, statistics, Computational economics, economics computational models, financial economics, regulatory impact analysis and mathematical economics. Professions Economists work in many fields including academia, government and in the private sector, where they may also "study data and statistics in order to spot trends in economic activity, economic confidence levels, and consumer attitudes. They ...
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Social Democratic Party (Romania)
The Social Democratic Party (, PSD) is the largest political party in Romania. It is also the largest Social democracy, social democratic List of political parties in Romania, political party in the country. It was founded by Ion Iliescu, Romania's first democratically elected president at the 1990 Romanian general election. It is a member of the Progressive Alliance (PA), which was founded in 2013, Socialist International (SI), and the Party of European Socialists (PES). As of 2015, the PSD had 530,000 members. PSD traces its origins to the Democratic National Salvation Front (FDSN), a leftist breakaway group established in 1992 from the centre-left National Salvation Front (Romania), National Salvation Front (FSN) established after 1989. In 1993, this merged with three other parties to become the Party of Social Democracy in Romania (, PDSR), also translated as the Social Democracy Party of Romania. The present name was adopted after a merger with the smaller Romanian Socia ...
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Democratic National Salvation Front
The Democratic National Salvation Front (, FDSN) was a Romanian political party formed by former President Ion Iliescu and his supporters stemming from the National Salvation Front (FSN) on 7 April 1992. It was the result of the breakup of the previously ruling FSN during the early 1990s. The smaller wing led by Petre Roman continued using the brand FSN. Unlike the Petre Roman wing of the FSN, which wanted faster economic reforms, the FDSN advocated for a socialist democracy and a slower pace of transition from the communist command economy to a social market economy. On 10 July 1993, the FDSN merged with the Romanian Socialist Democratic Party The Romanian Socialist Democratic Party (, PSDR) was a political party in Romania. During its short existence it was easily mistaken for Romanian Social Democratic Party. History Established by Marius Cîrciumaru in January 1990, the PSDR con ... (PSDR), the Republican Party, and the Cooperative Party, creating the Party of ...
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