Situated in the Southeastern Europe by the Black Sea, Romania borders Bulgaria, Hungary, Moldova, Serbia, and Ukraine. It has a temperate climate with cold winters, frequently accompanied by snow and sunny summers. In terms of terrain, the central Transylvanian Basin is separated from the Moldavian Plateau on the east by the Eastern Carpathian Mountains and separated from the Walachian Plain on the south by the Transylvanian Alps. Romania has substantial natural reserves, including petroleum (declining reserve), timber, natural gas, coal and iron ore.
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