The National Liberal Party is a social-conservative political party in Romania. Re-founded in mid January 1990, shortly after the Revolution of 1989 which culminated in the fall of communism in Romania, it claims the legacy of the major political party of the same name, active between 1875 and 1947 in the Kingdom of Romania. Based on this historical legacy, it often presents itself as the first formally constituted political party in the country and the oldest of its kind from the family of European liberal parties as well.