Current account deficit at EUR 768 mln after seven months

Newsroom 12/09/2014 | 14:27

Romania’s current account balance posted a deficit of EUR 768 million in January-July 2014, compared to a surplus of EUR 92 million in the same period of the previous year.

The current account deficit is down from EUR 878 million, posted after the first six months of the year.

Between January and July, the income deficit grew from EUR 958 billion to EUR 1.99 billion, and the trade balance grew from EUR 2.9 billion to EUR 3.15 billion, according to a press release from the central bank.

The secondary income excess (current transfers) cut back EUR 308 million, from EUR 1.17 billion to EUR 865 million.

Direct investments of non-residents totaled EUR 1.309 billion, down 13.8 percent year on year.

BR Magazine | Latest Issue

Download PDF or read online: November 2022 Issue | Business Review Magazine

The November 2022 issue of Business Review Magazine is now available in digital format, featuring the main cover story titled “Samsung Remains Top Consumer Tech Provider on Romanian Market.” Read
Newsroom | 29/11/2022 | 10:17

    You will receive a download link for the latest issue of Business Review Magazine in PDF format, based on the completion of the form below.

    I agree with the Privacy policy of business-review.eu
    I agree with the storage and handling of my data by business-review.eu
    Advertisement Advertisement
    Close ×

    We use cookies for keeping our website reliable and secure, personalising content and ads, providing social media features and to analyse how our website is used.

    Accept & continue