Italy | Romania |
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Italian-Romanian relations are foreign relations betweenItaly andRomania. Both countries established diplomatic relations on 21 April 1873.[1] Italy hasan embassy inBucharest. Romania has an embassy in Rome, five general consulates (inMilan,Turin,Trieste,Bari andBologna).[2]
Both countries are full members of theCouncil of Europe, theEuropean Union andNATO. As of December 2017, there are around 1,168,552 people ofRomanian descent living in Italy, being considered the largest foreign community in the country.[3]
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Relations between Italy and Romania have traditionally been close due to a large Latin kinship, thanks to their shared similar languages. During World War I, both countries fought theAustro-Hungarian Empire, and during World War II, contributed hundreds of thousands of troops to theEastern Front where many died fighting the Soviets. More recently, after the collapse of the Soviet bloc, over a million Romanians moved to Italy for work and better living conditions.[4]
Several Italian banks are operating in Romania: Banca Italo Romena,Intesa Sanpaolo bank andUniCredit bank. The latter, had been in a partnership with Romanian former tennis player and business manIon Țiriac, between 2008 and 2015.[5]
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