





Romania current account deficit up 66.1% to 16.87 billion euro in 2007
The trade balance deficit rose 49.6% as compared to 2006, amounting to 17.58 billion euro. The goods and services balance and the revenue balance registered considerable deficits in 2007 as well.
According to Romania's National Bank data, the current account deficit was covered 41.9% by foreign direct investments, which amounted to 7.06 billion euro while capital participations and reinvested profits accounted for 45.9%.