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Romania’s 1H Curr Acct Deficit Narrows 73.3% YY To EUR2.37B

Romania's current account deficit narrowed 73.3% in the first six months to EUR2.37 billion, from EUR8.88 billion in the same period a year earlier, due largely to a lower trade deficit, the central bank said in a statement Wednesday.

Romania 1H FDI Down 42.9% YY To EUR2.89B

Foreign direct investments, or FDI, in Romania fell 42.9% on the year to EUR2.894 billion in the first six months from EUR5.07 billion in the corresponding period a year earlier, the central bank said Wednesday.

Romania’s 1H Trade Gap Narrows 63.4% YY To EUR4.34B

Romania’s trade deficit narrowed by 63.4% in the first six months to EUR4.34 billion from EUR11.19 billion in the same period a year earlier, the National Statistics Institute said Monday.

Romanian Petrom 1H Net Pft At RON923M, Dn 45% On Yr

Romania’s largest oil company Petrom (SNP.RO) Wednesday reported a net profit of 923 million lei (EUR1=RON4.1281) in the first half, down 45% compared with RON1.66 billion in the same period a year before.

Romania’s 1H Exports Dn 25% On Yr, Seen Dn Up To 30% In ’09 – Assoc

Romania’s exports fell 20%-25% in the first six months compared with the same period a year earlier, according to the estimations of the National Association of Imports and Exporters in Romania, or ANEIR.

Romanian Trade Registry: 80,000 Cos Suspend Ops In 1H, Up 12-Fold On Yr

The number of Romanian companies that suspended their activity in the first half of 2009 rose sharply compared with the same period a year ago, Trade Registry data shows, signaling the financial crisis and the minimum tax enforcement have taken their toll on the country's economy.

Pwr Prices For Household Users In Low-Consumption Category Up 7.9% In 1H

The price of electricity for household end users in the low-consumption category were up 7.95% in the first half of 2008, while for those in the high consumption category, prices were down 0.5%, compared with the second half of 2007, the National Statistical Institute, or INS, said Wednesday.

Romania 1H Net Investments Up 31.8% On Yr – INS

Romanian local net investments in the first half of 2008 rose 31.8% to 32.45 billion lei (EUR1=RON3.5330) compared with the same period a year ago, according to the interim data published Monday by the country’s Statistics Institute, or INS.

Romania’s 1H GDP Up 8.8% On Yr

Romania’s gross domestic product stood at 195.764 billion lei (EUR1=RON3.5330) in the first half of the year, up 8.8% in real terms compared with the same period a year earlier, the National Statistics Institute, or INS, said Monday.