Economy

ECONOMY

The transition from a centrally planned to a market economy has not been easy. Romania exports mineral resources, chemical products, industrial machinery, textiles and semi-finished products. The basic principle of Ceausescu's policy was self-sufficiency. From 1980 r. everything was done, to pay off 10 billions of dollars in foreign debt. …

Romanian Revolution 1989 year

Romanian Revolution 1989 year

The Romanian revolution was carried out with typical fervor and passion for the people of the South. They were the spark that was delivered in a small Hungarian church in Timisoara, against dictatorial governments, public appearances by Father Laszlo Tókes. The decision of the Reformed Church of Romania by Fr. …