Loading ...Balance of payments current account recorded over January – May a deficit of 65.26 billion euros, announced on Wednesday Romania's National Bank.
Commercial balance deficit exercised the determining influence upon the current account balance, which showed in this period a minus of 70.30 billion euros.
Current account deficit over January – May 2008 was covered in a proportion of 63 percent by direct foreign investments, with a total of 41.14 billion euros.
Medium and long-term foreign debt stood on May 31, 2008 at 43.122 billion euros, a rise of 12.2 percent compared to December 31, 2007.
Public and publicly guaranteed foreign debt recorded a 10.449 billion euros balance on May 31, 2008, accounting for 24.2 percent of the medium and long term foreign debt (compared to 26.9 percent on December 31, 2007).
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