The current transfer surplus widened by EUR224 million year-on-year in the January-June period, while the services surplus was EUR218 million higher. On the other hand, the income balance deficit shrank by EUR525 billion to EUR1.1 billion, the data showed.
Foreign direct investments, estimated at EUR621 million, covered 25.8% of the country’s current account deficit in the first six months.
Romania’s total external debt reached EUR99 billion at the end of June, slightly changed from EUR98.42 billion in December 2011.
The medium and long-term debt stood at EUR77.7 billion, while the short-term debt was EUR21.3 billion
In 2011, Romania’s current account deficit widened to EUR5.68 billion, from a gap of EUR5.52 billion a year earlier.