Romania

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Romania was settled during the Lower Paleolithic, later becoming Dacia before Trajan's Dacian Wars and Romanisation. The modern Romanian state was formed in 1859 with the unification of Moldavia and Wallachia under Alexandru Ioan Cuza, becoming the Kingdom of Romania in 1881 under Carol I of Romania. Romania gained independence from the Ottoman Empire in 1877, formalised by the Treaty of Berlin. After World War I, Transylvania, Banat, Bukovina, and Bessarabia joined the Old Kingdom, forming Greater Romania, which reached its largest territorial extent.

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Etymology

Romania derives from the local name for Romanian (Romanian: român), which in turn derives from Latin romanus, meaning "Roman" or "of Rome". This ethnonym for Romanians is first attested in the sixteenth century by Italian humanists travelling in Transylvania, Moldavia, and Wallachia. The oldest known surviving document written in Romanian that can be precisely dated, a 1521 letter known as the "Letter of Neacșu from Câmpulung", is notable for including the first documented occurrence of Romanian in a country name: Wallachia is mentioned as Țara Rumânească.

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History

Human remains found in Peștera cu Oase ("Cave with Bones"), radiocarbon date from circa 40,000 years ago, and represent the oldest known Homo sapiens in Europe. Neolithic agriculture spread after the arrival of a mixed group of people from Thessaly in the 6th millennium BC. Excavations at the Poiana Slatinei site near a salt spring next to Lunca, Neamț yielded the earliest evidence for salt exploitation in Europe; here salt production began between the 5th and 4th millennium BC. The first permanent settlements developed into "proto-cities", which were larger than 320 hectares (800 acres).

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Geography

Romania is the largest country in Southeastern Europe and the twelfth-largest in Europe, having an area of 238,397 square kilometres (92,046 sq mi). It lies between latitudes 43° and 49° N and longitudes 20° and 30° E. The terrain is distributed roughly equally between mountains, hills, and plains. The Carpathian Mountains dominate the centre of Romania, with 14 mountain ranges reaching above 2,000 m or 6,600 ft—the highest is Moldoveanu Peak at 2,544 m or 8,346 ft. They are surrounded by the Moldavian and Transylvanian plateaus, the Pannonian Plain and the Wallachian plains.

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Politics

Romania is a unitary semi-presidential representative democratic republic with a structured system of governance and an active civil society. The President, elected by popular vote, serves as the head of state, representing the country in international affairs, safeguarding constitutional order, and acting as supreme commander of the Romanian Armed Forces. The Prime Minister, appointed by the President and confirmed by the Parliament, acts as the head of government, responsible for overseeing the executive branch, implementing domestic and foreign policies, and managing public administration.

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Economy

In 2024, Romania had a GDP (PPP) of around $894 billion and a GDP per capita (PPP) of $47,203. According to the World Bank, Romania is a high-income economy. According to Eurostat, Romania's GDP per capita (PPS) was 77% of the EU average (100%) in 2022, an increase from 44% in 2007 (the year of Romania's accession to the EU), making Romania one of the fastest growing economies in the EU.

The Bucharest Stock Exchange (BVB) is the stock exchange of Romania, located in Bucharest. In 2024, the BVB boasted a $74 billion market capitalisation and a trading volume of $7.2 billion.

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Demographics

According to the 2021 Romanian census, Romania's population was 19,053,815. Like other countries in the region, its population is expected to decline gradually as a result of sub-replacement fertility rates and negative net migration rate. According to the 2021 Romanian census, Romanians made up 89.33% of the population, Hungarians 6.05% and the Roma 3.44% of the population, but many ethnicities are not recorded, as they do not have ID cards. International sources give higher figures for Roma than the official census.

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Culture

There are 12 non-working public holidays, including the Great Union Day, celebrated on 1 December in commemoration of the 1918 union of Transylvania with Romania. Winter holidays include the Christmas and New Year festivities during which various unique folklore dances and games are common: plugușorul, sorcova, ursul, and capra. The traditional Romanian dress that otherwise has largely fallen out of use during the 20th century, is a popular ceremonial vestment worn on these festivities, especially in rural areas.

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