Romania FDI Inflow Drops 22% YY In First Quarter, To EUR379M

Romanian foreign direct investment, or FDI, dropped 22% to EUR379 million in the first quarter this year, from EUR486 million in the same period a year earlier, the central bank said Monday.

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Intra-group loans amounted to EUR290 million, while equity stakes (consolidated with estimated net loss) stood at to EUR89 million.

Romania's current account deficit widened to EUR634 million in January-March, some 2.5 times less than in the same interval of the previous year, but 14 times higher than the trade gap posted in January-February.

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