Romania 2010 FDI Down 25% On Year To EUR2.6B

Romanian foreign direct investment, or FDI, fell 25.6% to EUR2.6 billion in 2010, from EUR3.5 billion in the previous year, the central bank said Friday.

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Equity stakes (including reinvested profit) stood at EUR2.04 billion in 2010, while intra-group loans amounted to EUR556 million.

FDI covered half of the country's current account deficit in 2010.

Last year, Romania's current account deficit widened 5% on the year to EUR5.16 billion.

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