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Romania Jan-May FDI Fall 32% To EUR1.43B

Foreign direct investment, or FDI, in Romania fell to EUR1.43 billion in the first five months, from EUR2.1 billion in the year-earlier period, the central bank said Tuesday.
Romania Jan-May FDI Fall 32% To EUR1.43B
13 iul. 2010, 11:06, English

Equity stakes (including reinvested profit) stood at EUR1.2 billion in January to May, while intra-group loans amounted to EUR228 million.

FDI covered half of the country’s current account deficit in the analyzed period.

Romania’s current account deficit widened 45.7% to EUR2.86 billion in January-May 2010.