History of Romania since 1989 History of Romania since 1989 After the Communist leader Nicolae Ceaușescu was executed in the Romanian Revolution of December 1989, the National Salvation Front (FSN) took power, led by Ion Iliescu. The FSN transformed itself into a political party and overwhelmingly won the general election of May 1990, with Iliescu as president. These first months were marked by violent protests and counter-protests, involving among others the coal miners of the Jiu Valley. The government undertook a programme of free market economic reforms and privatization, following a gradualist line rather than shock therapy. Economic reforms have continued, although there was little
1989 XXV FIBA International Christmas Tournament 1989 XXV FIBA International Christmas Tournament The 1989 XXV FIBA International Christmas Tournament "Trofeo Raimundo Saporta-Memorial Fernando Martín" was the 25th edition of the FIBA International Christmas Tournament. It took place at Palacio de Deportes de la Comunidad de Madrid, Madrid, Spain, on 24, 25 and 26 December 1989 with the participations of Real Madrid (champions of the 1988–89 FIBA European Cup Winners' Cup), Jugoplastika (champions of the 1988–89 FIBA European Champions Cup), Aris (champions of the 1988–89 Greek Basket League) and Maccabi Elite Tel Aviv (runners-up of the 1988–89 FIBA European Champions Cup). Day 1, December 24, 1989 Day