Romania and Bulgaria join EU

May 30, 2008Article by Ray Withers

Huge celebrations have been held in Romania and Bulgaria to mark their accession to the European Union, 17 years after the fall of Communism.

Tens of thousands attended concerts in the two capitals, Bucharest and Sofia.

The Romanian president said EU entry was an “enormous chance for future generations”, while Bulgaria’s leader said it was a “heavenly moment”.

Their accession means the EU now has 27 members and half a billion people, and stretches as far east as the Black Sea.

“It was hard, but we arrived at the end of the road. It is the road of our future. It is the road of our joy,” Romanian President Traian Basescu said, as thousands of revellers cheered.

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Ray Withers

Ray has over 17 years’ experience in the international property market and bought his own first international property investment back in 2002. Aside from running Property Frontiers, Ray has been involved in residential, hotel, student and commercial property investment and development in both the UK and overseas and co-wrote "Where to Buy Property Abroad - An Investor's Guide". As Founder and Trustee of the Frontiers Foundation, Ray is directly involved with many of its projects to ensure they have a direct and tangible impact in individual communities across the globe. He is passionate about property, travelling, scouting out new opportunities and finding time to spend with his young family.

Romania and Bulgaria join EU

Author

Ray Withers

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