current account deficit

Romania’s Current Account Gap Widens to EUR10.47B in 2019

12:30, 13 Feb. 2020
Romania's current account balance posted a deficit of EUR10.478 billion in 2019, compared with a deficit of EUR8.86 billion in 2018, central bank data showed Thursday.

IMF Representatives Begin Mission To Romania

13:52, 06 Nov. 2018
A mission of the International Monetary Fund (IMF) arrived on Tuesday in Romania to commence of week-long analysis of the country’s economic and financial developments, according to a press release issued by the institution.

Romania Jan-Oct Current Account Gap Widens To EUR4.94B

13:24, 14 Dec. 2010
Romania's current account deficit widened 30.3% to EUR4.94 billion in the first ten months, from a gap of EUR3.79 billion a year earlier, largely due to the lower current transfers surplus, central bank data showed Tuesday.

Romania Jan-Sept Current Account Gap Widens To EUR4.23B

13:50, 12 Nov. 2010
Romania's current account deficit widened 32.6% to EUR4.23 billion in the first nine months, from a gap of EUR3.2 billion a year earlier, largely due to the falling current transfers surplus, central bank data showed Friday.

Romania Jan-May Current Account Gap Widens 46% To EUR2.9B

11:02, 13 Iul. 2010
Romania's current account deficit widened 45.7% to EUR2.87 billion in January to May, from EUR1.97 billion in the same period a year earlier, largely due to the decreasing surplus in the current transfers balance, the central bank said in a statement Tuesday.

Romania Jan-Apr Current Account Gap Widens 40% To EUR2B

10:49, 16 Iun. 2010
Romania's current account deficit widened 40.3% to EUR2.06 billion in January to April, from EUR1.47 billion in the same period a year earlier, due to the decreasing surplus in the current transfers balance, the central bank said in a statement Wednesday.

Romania Ctrl Bk Head: Curr Acct Gap Could Widen To 6% Of GDP In ’10

16:25, 15 Apr. 2010
Romania should consider a current account deficit of around 6% of the gross domestic product in 2010, due to the level of structural funds the country plans to attract this year, central bank governor Mugur Isarescu said Thursday.

Romania Jan-Feb Curr Acct Gap Widens 64.3% To EUR754M

10:50, 13 Apr. 2010
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, the central bank said in a statement Tuesday.

Romania Jan Curr Acct Gap Narrows 73.2% To EUR123M

13:08, 12 Mart. 2010
Romania's January current account deficit narrowed 73.2% to EUR123 million, from EUR459 million the year-earlier month, due mainly to the falling trade deficit, the central bank said in a statement Friday.

IMF Revises Dn Romanian ’10 External Gap Forecast To 5.6% Of GDP

11:21, 01 Oct. 2009
The International Monetary Fund revised its 2010 forecast on Romania’s current account deficit to 5.6% of the gross domestic product from 6.5% of the GDP previously estimated, according to the fund’s latest World Economic Outlook released Thursday.

Romania’s Jan Curr Acct Gap 55% Lower YY To EUR525M

12:32, 13 Mart. 2009
Romania's current account deficit shrank by 54.6% in January to EUR525million, from EUR1.15 billion in the same month a year earlier, mainly driven by a lower trade deficit, the central bank said in a statement Friday.

Curr Acct Def „Not A Tragedy”, To Correct By Lower Consumption – Romanian PM

14:28, 21 Nov. 2008
A high current account deficit should not be seen as a tragedy, as an emerging economy like Romania needs investments for upgrades, and the gap will be reduced due to a consumption slowdown in the following period, Romanian Prime Minister Calin Popescu Tariceanu said Friday.

EC: Romanian Current Acc Def Seen Slowing In ’08, ’09

13:35, 03 Nov. 2008
The European Commission sees Romania’s current account deficit slowing in both 2008 and 2009 to 13.5% and 13% of gross domestic product, respectively, lower compared to the Commission’s previous forecasts.

EIU: Romania Vulnerable To Financial Mkt Turmoil

12:03, 18 Mart. 2008
Romania is among eastern European countries most vulnerable to financial market turmoil, due to its wide current account deficit fueled by growth in economy and especially in domestic consumption, the Economist Intelligence Unit (EIU) said in its Global Outlook report Tuesday.