Bucharest is the capital municipality, cultural, industrial, and financial centre of Romania. It is the largest city in Romania, located in the southeast of the country, at 44°25′57″N 26°06′14″ECoordinates: 44°25′57″N 26°06′14″E, and lies on the banks of the Dâmbovița River.
Bucharest was first mentioned in documents as early as 1459. Since then it has gone through a variety of changes, becoming the state capital of Romania in 1862 and steadily consolidating its position as the centre of the Romanian mass media, culture and arts. Its eclectic architecture is a mix of historical (neo-classical), interbellum (Bauhaus and Art Deco), Communist-era and modern. In the period between the two World Wars, the city's elegant architecture and the sophistication of its elite earned Bucharest the nickname of "Little Paris" (Micul Paris). Although many buildings and districts in the historic centre were damaged or destroyed by war, earthquakes, and Nicolae Ceaușescu's program of systematization, many survived. In recent years, the city has been experiencing an economic and cultural boom.
Economically, Bucharest is the most prosperous city in Romania and is one of the main industrial centres and transportation hubs of Eastern Europe. The city has a broad range of convention facilities, educational facilities, cultural venues, shopping arcades, and recreational areas.
As stated by the Mercer international surveys for quality of life in cities around the world, Bucharest occupied the 94th place in 2001 and slipped lower, to the 108th place in 2009 and the 107th place in 2010. Compared to it, Vienna occupied No. 1 worldwide in 2011 and 2009. Budapest ranked 73rd (2010) and Sofia 114th (2010). Mercer Human Resource Consulting issues yearly a global ranking of the world's most livable cities based on 39 key quality-of-life issues. Among them: political stability, currency-exchange regulations, political and media censorship, school quality, housing, the environment, public safety. Mercer collects data worldwide, in 215 cities. The difficult situation of the quality of life in Bucharest is confirmed also by a vast urbanism study, done by the Ion Mincu University of Architecture and Urbanism.