11-26-2005, 05:51 PM
Southeastern Europe, bordering the Black Sea, between Bulgaria and Ukraine
Size: slightly smaller than Oregon
Economy: recent macroeconomic gains have done little to address Romania's widespread poverty, while corruption and red tape continue to handicap the business environment.
Business: major transshipment point for Southwest Asian heroin transiting the Balkan route and small amounts of Latin American cocaine bound for Western Europe; although not a significant financial center, role as a narcotics conduit leaves it vulnerable to laundering which occurs via the banking system, currency exchange houses, and s
Size: slightly smaller than Oregon
Economy: recent macroeconomic gains have done little to address Romania's widespread poverty, while corruption and red tape continue to handicap the business environment.
Business: major transshipment point for Southwest Asian heroin transiting the Balkan route and small amounts of Latin American cocaine bound for Western Europe; although not a significant financial center, role as a narcotics conduit leaves it vulnerable to laundering which occurs via the banking system, currency exchange houses, and s