Interior of the Royal Palace (Romanian: Palatul Regal) of Bucharest, known as Palace of the Republic (Romanian: Palatul Republicii) between 1948 and 1990, is a monumental building situated in the capital of Romania, on Calea Victoriei. The Palace in its various incarnations served as official residence for the Kings of Romania until 1947, when the communist regime was installed after Michael I of Romania's forced abdication. Since 1950 the Palace hosts the National Museum of Art of Romania..