Although forever subject to the Dacian interference and easily disrupted by changes in the politics of neighbour tribal chieftains, the colonies prospered until being briefly submitted in various forms by King Burebista (late 1st century BC).

[citation needed] Greco–Romanian relations can be traced back hundreds of years when the two peoples formed a bastion of the Greco-Roman world in the Balkans.

They were to continue into the 14th century when the Principalities of Moldavia and Wallachia became a refuge for Greeks fleeing from the rapidly declining Byzantine Empire.

During the period of Ottoman domination, Greek Phanariotes played an important role in the political and cultural life of modern-day Romania.

Events surrounding the Great Eastern Crisis such as the foundation of the Bulgarian Exarchate and the threat of Pan-Slavism reversed the situation.

The assassination of Romanian professor Ștefan Mihăileanu by a komitadji agent on 22 July 1900, caused panic in Bucharest amidst fears of an impending war with Bulgaria.

The Patriarchate viewed the incident as a Romanian provocation, citing the fact that the translations of religious texts were not officially approved.

On 2 August 1905, the Society of Macedono–Romanian Culture organized an anti–Greek protest in Bucharest, attended by army officers, students, and Aromanians (or "Vlachs").

[citation needed] Several days later, three editors of the Greek language newspaper Patris were expelled from the country for sedition.

In November, the Romanian government allocated funding for the creation of armed Aromanian bands in Macedonia, a parallel motion closed numerous Greek schools in the country.

The situation exacerbated by the emergence of the Kingdom of Yugoslavia in the north, Italy's imperial ambitions in the eastern Mediterranean Sea and Turkey's resurgence as a regional power.

The 1923 Corfu incident showcased the inability of the League of Nations to protect the interests of smaller countries such as Greece from the encroachments of Italy.

Romanian diplomats Ion I. C. Brătianu and Nicolae Titulescu perceived the fact that Romania was surrounded by Slavic countries as a threat to its security.

Both countries are full members of the European Union, the Council of Europe, NATO and the Organization of the Black Sea Economic Cooperation (BSEC).

According to the Greek Ministry of Foreign Affairs, in 2006 Greece was among the three top investors in Romania, with almost 800 active businesses and invested capital totalling 3 billion euros.