Romania 10-Month FDI Falls To EUR1.3B
Romanian foreign direct investment, or FDI, fell 43.8% on the year to EUR1.31 billion in the first ten months, the central bank said Tuesday.
Intra-group loans amounted to EUR403 million, while equity stakes consolidated with estimated net loss were at EUR905 million.
FDI covered 31.9% of the country’s current account deficit in January through October.
In the analyzed period, Romania’s current account deficit narrowed 9.5% to EUR4.1 billion, due to lower trade deficit.
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