EIRP Proceedings, Vol 7 (2012)

Abstract

Estimates of the Romanian authorities for the war effort of the Romanian economy brings up great material damage amounting to 3.7 billion dollars of which 1 billion to August 23, 1944, 1.2 billion by May 1945 and another 1.5 billion on behalf of the Convention Armistice. The onset of economic and financial obligations of Romania to the United Nations will be governed by the text of the armistice signed in Moscow on the delegates delayed the two sides in September 12, 1944 the new law regulating political and military option of the Romanian state. Although at first sight context political and military situation similar provisions imposing impression, however, the text of the Convention provides direct economic obligations of Romania.