Economic development and present state of Romania in European Union

With regard to European Union joining, Romania and Eastern European region have much more attention of the rest of the world. Romania became a phenomenon of Balkan Peninsula during last five years. The aim of the thesis is to describe economic development of Romania before its admission to European Communities and summarize its current economic position in the Union. A part of the thesis is devoted to romanian market environment and assesses especially its attractivity in consideration of the Czech republic