"During the war, Antonescu's regime severely oppressed the Jews in Romania and the conquered territories. In Moldavia, Bukovina, and Bessarabia, Romanian soldiers carried out brutal pogroms. Troops herded at least 200,000 Jews from Bukovina and Bessarabia--who were considered Soviet traitors--across the Dniester and into miserable concentration camps where many starved or died of disease or brutality. During the war, about 260,000 Jews were killed in Bessarabia, Bukovina, and in the camps across the Dniester; Hungary's Nazi government killed or deported about 120,000 of Transylvania's 150,000 Jews in 1944. Despite rampant anti-Semitism, most Romanian Jews survived the war. Germany planned mass deportations of Jews from Romania, but Antonescu balked. Jews acted as key managers in Romania's economy, and Antonescu feared that deporting them en masse would lead to chaos; in addition, the unceasing personal appeals of Wilhelm Filderman, a Jewish leader and former classmate of Antonescu, may have made a crucial difference.
Romania supplied the Nazi war effort with oil, grain, and industrial products, but Germany was reluctant to pay for the deliveries either in goods or gold. As a result, inflation skyrocketed in Romania, and even government officials began grumbling about German exploitation. Romanian-Hungarian animosities also undermined the alliance with Germany. Antonescu's government considered war with Hungary over Transylvania an inevitability after the expected final victory over the Soviet Union. In February 1943, however, the Red Army decimated Romania's forces in the great counteroffensive at Stalingrad, and the German and Romanian armies began their retreat westward. Allied bombardment slowed Romania's industries in 1943 and 1944 before Soviet occupation disrupted transportation flows and curtailed economic activity altogether."
http://countrystudies.us/romania/22.htm
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