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Romania 1Q Current Account Gap Widens 65.5% To EUR1.5B

Romania's current account deficit widened 65.5% to EUR1.5 billion in January-March, from EUR910 million in the same period a year earlier, due to the decreasing surplus in the current transfers balance, the central bank said in a statement Monday.

Romania 1Q PC Sales Dn 65.2% On Yr – IDC

The number of personal computers sold in Romania in the first quarter of the year decreased 65.2% compared to the first quarter of 2008, while sales decreased 67.1% in terms of value, research company International Data Corporation (IDC) said Thursday.

Romanian 1Q Residential Constr Dn By 306 To 10,595 Units

The number of residential constructions completed in the first three months of 2009 fell by 306 units on the year, at 10,595 units, the National Statistical Institute, or INS, said Tuesday.

Romania’s 1Q Trade Def Dn 60% On Yr To EUR2B

Romania’s trade deficit was at EUR1.99 billion in the first quarter, significantly lower than EUR5.09 billion in the same period a year earlier, the National Statistics Institute reported Monday.

Romania’s Petrom 1Q Net Profit Down 48% YY, At RON506M

Romania’s largest oil company Petrom (SNP.RO) posted a net profit of 506 million lei (EUR1=RON4.1281) in the first quarter, down 48% compared with RON977 million in the same period a year before, the company said Friday.

Romania’s 1Q Budget Deficit At 1.5% Of GDP – Fin Min

Romania’s consolidated budget deficit was at 7.925 billion lei (EUR1=RON4.1974), or 1.5% of the GDP, after the first quarter, lower than the maximum ceiling of RON8.3 billion agreed with the International Monetary Fund, the finance minister Gheorghe Pogea said Wednesday.

Romania’s 1Q Budget Deficit At 1.56% Of GDP – Fin Min

Romanian consolidated budget posted after the first three months of the year a deficit of 8.29 billion lei (EUR1=RON4.1263), or 1.56% of the gross domestic product, Finance Minister Gheorghe Pogea told a news conference Tuesday.

Romanian Fin Min Sees Curr Acct Gap Shrinking To 7.5% Of GDP

Romania's revised budget sees the current account deficit shrinking to 7.5% of the gross domestic product at the end of 2009, from more than 12% of the GDP in 2008, Finance Minister Gheorghe Pogea said Tuesday.

Romanian 1Q GDP +8.2% On Yr Vs +6% Yr Ago

Romania’s gross domestic product growth accelerated to 8.2% in real terms in the first quarter of 2008, compared with 6% in the corresponding period a year before, the National Statistical Institute, or INS, said Monday.

Romanian Craiova Auto Plant 1Q Net Pft Dn 41% YY To RON261,164

Romanian state-owned auto assembly plant Automobile Craiova (AUCS.RO) Friday said its first quarter net profit was down 41% to 261,164 million lei (EUR1=RON 3.6645) from the same period a year before, the plant said in a statement sent to Rasdaq market.