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Romania has a complex, high-income market economy, the 45th largest in the world by total nominal GDP and the 36th largest based on purchasing power parity. [1] The country is a regional leader in multiple fields, such as IT and motor vehicle production. [2] [3] In 2016, Romania was the 46th largest exporter of goods in the world. [4]
Apa (Hungarian: Apa, Hungarian pronunciation: ) is a commune of 2,575 inhabitants situated in Satu Mare County, Romania. It is composed of three villages: Apa, Lunca Apei ( Apai Lanka ) and Someșeni ( Szamostelek ).
Romania's chief exports to Italy included leather footwear, cars, telephones, tobacco, men's suits, seats and iron pipes. 2.8% of the country's GDP is derived from agricultural activity. While Romania imports substantial quantities of grain, it is largely self-sufficient in other agricultural products and food stuffs.
The effect of the cuts in imports in Romania, a net importer of food from the West, was however not correctly estimated by the foreign analysts and it led to food shortages. [5] Romania's record - having all of its debts to commercial banks paid off in full - has not been matched by any other heavily-indebted country in the world. [6]
Romania adopted 1 January 2005 a flat tax of 16% to improve tax collection rates. Romania subsequently enjoyed the lowest fiscal burden in the European Union, until Bulgaria also switched to a flat tax of 10% in 2007. Since 2018 the flat rate was lowered to 10%. Romania posted 6% economic growth in 2016, the highest among European Union member ...
Regular Romanian EU passports are burgundy red in colour, with the Romania Coat of Arms emblazoned in the centre of the front cover. The words "European Union", "Romania", and "passport" are inscribed above and below the coat of arms (in Romanian). The information page identifying the bearer and the issuing authority is on the first page, not ...
Software crack illustration. Software cracking (known as "breaking" mostly in the 1980s [1]) is an act of removing copy protection from a software. [2] Copy protection can be removed by applying a specific crack. A crack can mean any tool that enables breaking software protection, a stolen product key, or guessed password. Cracking software ...
Export-Import Bank of Romania logo until 2023. In June 2019, Export-Import Bank of Romania has signed an agreement with National Bank of Greece (NBG) to acquire 99.28% stake in Banca Românească (BROM). [1] Following the completion of the deal, EximBank will foray into the domestic retail banking market and will become a universal commercial bank.