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Romania was never a superpower. It was a backwards irrelevant second rate country, I mean no offense just saying it as it is. What happened to Russia in the 19
by AniseAbyss 5y ago
Romania was never a superpower. It was a backwards irrelevant second rate country, I mean no offense just saying it as it is.
What happened to Russia in the 1990s was such a humiliation and shock of epic proportions- think Weimar Republic.
And the European Union wasn't going to save them with money.
Turned out the old apparatus was actually better than the new democracy.
- flavius29663 5y agofor what it's worth, the EU didn't "save" Romania with money. The net cash inflows are about 1-2% of GDP each year, while Romania grew at around 5% for 2 decades. They did indeed saved Romania by forcing it to modernize in order to get in.
- AniseAbyss 5y agoFree movement of workers allowed millions of Romanians to work in the EU.
- flavius29663 5y agotrue, and that helped the economy somewhat (money send back) - but also slowed progress because of the brain drain. My point was not that EU didn't help Romania, it obviously did. The largest factor was not the cash though.