Nicolae Văcăroiu
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Nicolae Văcăroiu
Nicolae Văcăroiu (; born on 5 December 1943 in Cetatea Albă, now Bilhorod-Dnistrovskyi in Ukraine) is a Romanian politician, member of the Social Democratic Party (PSD), who served as Prime Minister between 1992 and 1996. Before the 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. Internally, his prime ministerial mandate began with some limited economic reforms in the areas of fiscal, budgetary, monetary and industrial prices, which made possible the resumption of Romania's economic growth since 1993. Between 1993 and 1996, GDP grew by 17.5%, after a contraction of 24.5% in 1990-1992 immediately after the fall of the communist regime. After a fall in industrial production, between 1990 and 1992, 49% saw ...
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President Of Romania
The president of Romania ( ro, Președintele României) is the head of state of Romania. Following a modification to the Constitution of Romania, Romanian Constitution in 2003, the president is directly elected by a two-round system and serves for five years. An individual may serve two terms. During their term in office, the president may not be a formal member of a List of political parties in Romania, political party. The office of president was created in 1974, when Romanian Communist Party, Communist leader Nicolae Ceaușescu elevated the presidency of the State Council of Romania, State Council to a fully fledged executive presidency. It took its current form in stages after the Romanian Revolution—Ion Iliescu deposed Ceaușescu, resulting in the adoption of Romania's current constitution in 1991. Klaus Iohannis is the incumbent president since his inauguration on 21 December 2014. Iohannis is of full Transylvanian Saxons, Transylvanian Saxon descent, making him the fi ...
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Kingdom Of Romania
The Kingdom of Romania ( ro, Regatul României) was a constitutional monarchy that existed in Romania from 13 March ( O.S.) / 25 March 1881 with the crowning of prince Karl of Hohenzollern-Sigmaringen as King Carol I (thus beginning the Romanian royal family), until 1947 with the abdication of King Michael I of Romania and the Romanian parliament's proclamation of the Romanian People's Republic. From 1859 to 1877, Romania evolved from a personal union of two vassal principalities (Moldavia and Wallachia) under a single prince to an autonomous principality with a Hohenzollern monarchy. The country gained its independence from the Ottoman Empire during the 1877–1878 Russo-Turkish War (known locally as the Romanian War of Independence), when it also received Northern Dobruja in exchange for the southern part of Bessarabia. The kingdom's territory during the reign of King Carol I, between 13 ( O.S.) / 25 March 1881 and 27 September ( O.S.) / 10 October 1914 is sometimes referred ...
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Privatization
Privatization (also 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 nationaliz ...
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Romanian Revolution
The Romanian Revolution ( ro, Revoluția Română), also known as the Christmas Revolution ( ro, Revoluția de Crăciun), was a period of violent civil unrest in Romania during December 1989 as a part of the Revolutions of 1989 that occurred in several countries around the world. The Romanian Revolution started in the city of Timișoara and soon spread throughout the country, ultimately culminating in the drumhead trial and execution of longtime Romanian Communist Party (PCR) General Secretary Nicolae Ceaușescu and his wife Elena, and the end of 42 years of Communist rule in Romania. It was also the last removal of a 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 World War II, Romania was placed under the Soviet sphere of influence in 1947 with Communist rul ...
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Economy Of Romania
An economy is an area of the production, distribution and trade, as well as consumption of goods and services. In general, it is defined as a social domain that emphasize the practices, discourses, and material expressions associated with the production, use, and management of scarce resources'. A given economy is a set of processes that involves its culture, values, education, technological evolution, history, social organization, political structure, legal systems, and natural resources as main factors. These factors give context, content, and set the conditions and parameters in which an economy functions. In other words, the economic domain is a social domain of interrelated human practices and transactions that does not stand alone. Economic agents can be individuals, businesses, organizations, or governments. Economic transactions occur when two groups or parties agree to the value or price of the transacted good or service, commonly expressed in a certain currency. How ...
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Romanian Revolution Of 1989
The Romanian Revolution ( ro, Revoluția Română), also known as the Christmas Revolution ( ro, Revoluția de Crăciun), was a period of violent civil unrest in Romania during December 1989 as a part of the Revolutions of 1989 that occurred in several countries around the world. The Romanian Revolution started in the city of Timișoara and soon spread throughout the country, ultimately culminating in the drumhead trial and execution of longtime Romanian Communist Party (PCR) General Secretary Nicolae Ceaușescu and his wife Elena, and the end of 42 years of Communist rule in Romania. It was also the last removal of a 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 World War II, Romania was placed under the Soviet sphere of influence in 1947 with Communist rul ...
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Romania
Romania ( ; ro, România ) is a country located at the crossroads of Central Europe, Central, Eastern Europe, Eastern, and Southeast Europe, Southeastern Europe. It borders Bulgaria to the south, Ukraine to the north, Hungary to the west, Serbia to the southwest, Moldova to the east, and the Black Sea to the southeast. It has a predominantly Temperate climate, temperate-continental climate, and an area of , with a population of around 19 million. 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. Its capital and largest city is Bucharest, followed by Iași, Cluj-Napoca, Timișoara, Constanța, Craiova, Brașov, and Galați. The Danube, Europe's second-longest river, rises in Germany's Black Forest and flows in a southeasterly direction for , before emptying into Romania's Danube Delta. The Carpathian Mountains, which cross Roma ...
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Traian Basescu
Trajan ( ; la, Caesar Nerva Traianus; 18 September 539/11 August 117) was Roman emperor from 98 to 117. Officially declared ''optimus princeps'' ("best ruler") by the Roman Senate, senate, Trajan is remembered as a successful soldier-emperor who presided over one of the greatest military expansions in Roman history and led the empire to attain its greatest Roman expansion, territorial extent by the time of his death. He is also known for his philanthropic rule, overseeing extensive public #Building activities, building programs and implementing Cura Annonae, social welfare policies, which earned him his enduring reputation as the second of the Five Good Emperors who presided over an era of peace within the Empire and prosperity in the History of the Mediterranean region, Mediterranean world. Trajan was born in Italica, close to modern Seville in present-day Spain, a small Roman ''municipium'' founded by Italic peoples, Italic settlers in the Roman province, province of Hisp ...
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2007 Romanian Presidential Impeachment Referendum
The Romanian presidential impeachment referendum of 2007 was conducted in order to determine whether the president of Romania 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 a ...
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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, mathematical finance 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 assess ...
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Social Democratic Party (Romania)
The Social Democratic Party ( ro, Partidul Social Democrat, PSD) is the largest social democratic political party in Romania and also the largest overall political party in the country, aside from European Parliament level, where it is the second largest by total number of MEPs, after the National Liberal Party (PNL). It was founded by Ion Iliescu, Romania's first democratically elected president at the 1990 Romanian general election. The PSD traces its origins to the Democratic National Salvation Front (FDSN), a breakaway group established in 1992 from the neo-communist National Salvation Front (FSN) established after 1989. In 1993, this merged with three other parties to become the Party of Social Democracy in Romania ( ro, Partidul Democrației Sociale in România, PDSR). The present name was adopted after a merger with the smaller Romanian Social Democratic Party (PSDR) in 2001. Since its formation, it has always been one of the two dominant parties of the country. The ...
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Democratic National Salvation Front
The Democratic National Salvation Front ( ro, Frontul Democrat al Salvării Naționale, 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. On 10 July 1993, the FDSN merged with the Romanian Socialist Democratic Party (PSDR), the Republican Party, and the Cooperative Party, creating the Party of Social Democracy in Romania (PDSR). In 2001, PDSR merged with PSDR to create the present-day Social Democratic Party (PSD). Election history Legislative elections Presidential elections {, class=wikitable style=text-align:center !rowspan=2, Election !rowspan=2, Candidate !colspan=3, First round !colspan=3, Second round , - !Votes !Percentage !Position !Votes !Percentage !Position , -align=center ! 1992 , {{yes2, Ion Ilie ...
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