





Romanian current account deficit grew by 10.9% to 3.51 billion euro in Q1 2008
Romania's income deficit in January-March 2008 totaled 1.13 billion euro, a 10.8% increase as compared to the same period in 2007. Foreign direct investments grew by 1.67 billion euro in the first quarter as compared to 1.21 billion euro in the first two months of the year. Thus, 47.6% of Romania's current account deficit for January-March was covered by foreign direct investments.