Romania Jan-Feb FDI Plunges 64.8% YY To EUR466M

Equity stakes (including reinvested profit) made up for the whole FDI in the first two months of the year and covered 61.8% of the country’s current account deficit.

Romania’s current account deficit widened 64.3% to EUR754 million in January-February, from EUR459 million the year-earlier period, due to the falling surplus in the current transfers balance.