Nicolae VĂCĂROIU          Born in Cetatea Albă, România, in 1943.

Degree  in economics awarded by the Academy for Economic Studies of Bucharest, Faculty of Finances, specialization: Finances-Credit.

First rank associated researcher with the National Institute for Economic Research of  the Romanian Academy; from 1978 until 1985, an associated professor of the Academy for Economic Studies of Bucharest and of Bucharest University, Faculty of Economic Sociology.

In the period 1969-1990, he worked with the State Commission for Planning, covering various hierarchy degrees, up to that of a general manager (1987).

Since 1990, he was successively a deputy of the Minister of National Economy, secretary of state, head of the Department for Prices within the Ministry of Finances, secretary of state, head of the Department for Taxes and Charges within the Ministry of the Economy and Finances, chairman of the Interministerial Commission for Foreign Trade Guarantees and Credits.

Prime Minister of Romania, in the period 1992-1996, as an independent, supported by the  Party of Social Democracy of Romania.  

Vice-President of the Romanian Commercial Bank S.A., between  1996 and 1997.

A senator for Argeş county, on behalf of the  Party of Social Democracy of Romania from  1997 until 2000, holding the positions as chairman of the Privatization Commission and subsequently, Vice President of the Senate of Romania.

Chairman of the Senate of Romania from  2000 until 2008.

Counselor of Accounts, appointed by the Parliament of Romania in 2008, for a nine-year term of office.

President of the Romanian Court of Accounts, since 2008.

Author of „Romania, Games of Interests”, Intact Publishing House, Bucharest, 1998, as well as numerous articles in the field of economics, finances and  monetary, published in specialized magazines..