Following the outbreak of World War II on September 1, 1939, the Kingdom of Romania officially adopted a position of neutrality. However, the rapidly changing situation in Europe during 1940, as well as domestic political upheaval, undermined this stance. Fascist political forces such as the Iron Guard rose in popularity and power, urging a rapprochement with Nazi Germany and its allies. As the military fortunes of Romania’s two main guarantors of territorial integrity – France and Britain – crumbled in the Fall of France, the government of Romania turned to Germany in hopes of a similar guarantee, unaware that the currently dominant European power had already granted its consent to Soviet territorial claims in a secret protocol of the Molotov-Ribbentrop Pact, signed back in 1939.

In summer 1940, a series of territorial disputes were resolved unfavorably to Romania, resulting in the loss of most of the territory gained in the wake of World War I. This caused the popularity of Romania’s government to plummet, further reinforcing the fascist and military factions, who had eventually staged a coup that turned the country into a fascist dictatorship under the leadership of Ion Antonescu. The new regime firmly set the country on the course towards the Axis camp, officially joining the Axis Powers on November 23, 1940. “When it’s a question of action against the Slavs, you can always count on Romania,” Antonescu stated ten days before the start of Operation Barbarossa.

As a member of the Axis, Romania joined the invasion of the Soviet Union on 22 June 1941, providing equipment and oil to Nazi Germany as well as committing more troops to the Eastern Front than all the other allies of Germany combined. Romanian forces played a large role during the fighting in Ukraine, Bessarabia, Stalingrad, and elsewhere.

After the tide of war turned against the Axis, Romania was bombed by the Allies from 1943 onwards and invaded by advancing Soviet armies in 1944. With popular support of Romania’s participation in the war faltering and German-Romanian fronts collapsing under Soviet onslaught, King Michael of Romania led a coup d’état, which deposed the Antonescu regime and put Romania on the side of the Allies for the remainder of the war.

Despite this late association with the winning side, Greater Romania was largely dismantled, losing territory to Bulgaria and the Soviet Union, but gaining Northern Transylvania from Hungary.

King Michael of Romania (born 25 October 1921) reigned from 20 July 1927 to 8 June 1930, and again from 6 September 1940, until forced to abdicate by the communists backed up by orders of Stalin to the Soviet armies of occupation on 30 December 1947. He is also a Prince of Hohenzollern. A great-great-grandson of Queen Victoria by both of his parents and a third cousin of Queen Elizabeth II, he is one of the last surviving heads of state from World War II

I was born just about now, December 1941.

Presently, Tr Cojoc is retired in California and he is advising clients in financial matters, on how to preserve capital as well as high risk investment strategies such as trading foreign currency or FOREX.

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