The incomes balance posted a deficit of EUR2.3 billion, 22% wider compared with a gap of EUR1.9 billion in 2011.

Foreign direct investments, estimated at EUR1.9 billion, covered 33.7% of the country’s current account deficit in 2011.

Romania’s total external debt reached EUR98.6 billion at the end of December, up from EUR92.4 billion in December 2010, according to central bank data.

The medium and long-term debt stood at EUR75.6 billion, while the short-term debt was EUR22.9 billion