Political parties and leaders:
Conservative Party [Dan VOICULESCU], formerly Humanist Party or
PUR; Democratic Party or PD [Emil BOC]; Democratic Union of
Hungarians in Romania or UDMR [Bela MARKO]; National Liberal Party
or PNL [Calin Popescu TARICEANU]; Romania Mare Party (Greater
Romanian Party) or PRM [Corneliu Vadim TUDOR]; Social Democratic
Party or PSD [Mircea Dan GEOANA], formerly Party of Social Democracy
in Romania or PDSR
Political pressure groups and leaders:
various human rights and professional associations
International organization participation: ACCT, Australia Group, BIS, BSEC, CE, CEI, EAPC, EBRD, EU (applicant), FAO, G- 9, G-77, IAEA, IBRD, ICAO, ICC, ICCt, ICFTU, ICRM, IFAD, IFC, IFRCS, ILO, IMF, IMO, Interpol, IOC, IOM, ISO, ITU, LAIA (observer), MIGA, MONUC, NAM (guest), NATO, NSG, OAS (observer), ONUB, OPCW, OSCE, PCA, UN, UN Security Council (temporary), UNCTAD, UNESCO, UNIDO, UNMEE, UNMIK, UNMIL, UNOCI, UPU, WCL, WCO, WEU (associate affiliate), WFTU, WHO, WIPO, WMO, WToO, WTO, ZC
Diplomatic representation in the US: chief of mission: Ambassador Sorin Dumitru DUCARU chancery: 1607 23rd Street NW, Washington, DC 20008 telephone: [1] (202) 332-4846, 4848, 4851 FAX: [1] (202) 232-4748 consulate(s) general: Chicago, Los Angeles, and New York
Diplomatic representation from the US: chief of mission: Ambassador Dr. Jack Dyer CROUCH II embassy: Strada Tudor Arghezi 7-9, Bucharest mailing address: American Embassy Bucharest, Department of State, 5260 Bucharest Place, Washington, DC 20521-5260 (pouch) telephone: [40] (21) 210-4042 FAX: [40] (21) 210-0395 branch office(s): Cluj-Napoca
Flag description:
three equal vertical bands of blue (hoist side), yellow, and red;
the national coat of arms that used to be centered in the yellow
band has been removed; now similar to the flag of Chad, also
resembles the flags of Andorra and Moldova
Economy Romania
Economy - overview:
Romania began the transition from Communism in 1989 with a largely
obsolete industrial base and a pattern of output unsuited to the
country's needs. The country emerged in 2000 from a punishing
three-year recession thanks to strong demand in EU export markets.
Despite the global slowdown in 2001-02, strong domestic activity in
construction, agriculture, and consumption have kept growth above
4%. An IMF standby agreement, signed in 2001, has been accompanied
by slow but palpable gains in privatization, deficit reduction, and
the curbing of inflation. The IMF Board approved Romania's
completion of the standby agreement in October 2003, the first time
Romania has successfully concluded an IMF agreement since the 1989
revolution. In July 2004, the executive board of the IMF approved a
24-month standby agreement for $367 million. The Romanian
authorities do not intend to draw on this agreement, however,
viewing it simply as a precaution. Meanwhile, recent macroeconomic
gains have done little to address Romania's widespread poverty,
while corruption and red tape continue to handicap the business
environment.
GDP (purchasing power parity):
$171.5 billion (2004 est.)
GDP - real growth rate:
8.1% (2004 est.)