Oval-shaped Romania is the third-largest Eastern European country, behind Russia and the Ukraine. It lies on the Black Sea and, moving clockwise from the south, shares borders with Bulgaria, Serbia & Montenegro, Hungary, Ukraine and Moldova. 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.
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People: Romanians (90%), Hungarians (7%), Roma (Gypsies) (2%), Germans, and Ukrainians
Language: Romanian, Hungarian (in Transylvania)
Religion: Romanian Orthodox, Roman Catholic, and Protestant
Government: Republic
GDP: US$90 billion
Major Industries: Agriculture and manufacturing
Major Trading Partners: EU (Germany, Italy, France), USA, Turkey