Baba Marta is a happy old tradition from east end of Europe. It's celebrated from 1st of March trough the whole month. Whats so happy about its mainly to celebrate the end of the winter, everybody wears tin red and white treads around their wrist to bring them good health and keep away bad luck. So here is to Baba Marta and big smiles and to end of winter. We missed you sunshine :) welcome back!
here is more details from wikipedia
http://en.wikipedia.org/wiki/Martenitsa
Enjoy!