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Romania's current account deficit exceeds 10.2 billion euro

Luni, 15 octombrie 2007, 0:00

The Romanian current account deficit exceeded 10.2 billion euro in the first eight months of the year - an 87% increase compared to the similar period last year.

The biggest influence in determining the growth was the commercial deficit that exceeded the value of 10.8 billion euro, 69% more than last year’s similar period, the central bank BNR announced on Monday.

The deficit increase tempered after in the first part of the year, its growth rate was over 100%.

In the first eight months of this year, foreign direct investments covered 40% of the current account deficit, with a total FDI value amounting to 4.05 billion euro.

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