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Showing posts with the label "Romanian history"

Romania Reborn

With the inability of the state to invest, large-scale plunder has taken place. Also, complicity in crimes with the U.S. Anti-corruption is symptomatic of a deeper problem. Neither side of the political spectrum ever bucks their shared Atlanticist bent. In late 2014 Romania’s growing European diaspora propelled Klaus Iohannis—a nonentity in national politics, but heralded as an efficient German by the mythologizing middle classes. In 1990, 86 per cent of Romanians went to the polls; in 2008 and again in 2017, a mere 39 per cent. Once the badlands of neoliberal Europe, Romania has become its bustling frontier. "The Romanian banking system was taken over by Société Générale, Raiffeisen and the Erste Group. Its energy sector fell to Österreichische Mineralölverwaltung of Vienna and České Energetické Závody of Prague. Its steel manufacturing went to Mittal, its timber production to the Schweighofer Group, its national automobile, the Dacia, to Renault. Much of what isn’t yet