Treaty of Bucharest Parliament Ferdinand I Germany Allies Central Powers Bessarabia Romania Bucharest entered the war Hungarian Austria-Hungary
On 7 May 1918 Romania signed the Treaty of Bucharest with the Central Powers, which recognised Romanian sovereignty over Bessarabia in return for ceding control of passes in the Carpathian Mountains to Austria-Hungary and granting oil concessions to Germany. Although approved by Parliament, Ferdinand I refused to sign the treaty, hoping for an Allied victory; Romania re-entered the war on 10 November 1918 on the side of the Allies and the Treaty of Bucharest was formally annulled by the Armistice of 11 November 1918. Between 1914 and 1918, an estimated 400,000 to 600,000 ethnic Romanians served with the Austro-Hungarian army, of whom up to 150,000 were killed in action; total military and civilian deaths within contemporary Romanian borders are estimated at 748,000.
