The smaller imbalance was due to a narrower trade deficit, which shrank by EUR3.52 billion year-on-year, as well as to surpluses in the services and current transfers segments.

However, the income deficit widened to EUR3.4 billion at the end of October, from EUR2.52 billion in the year-earlier period, the data showed.

Foreign direct investments reached EUR1.81 billion in the January-October period, down 8.2% on the year.

Romania’s total external debt was EUR98.98 billion at the end of October, down from EUR99.7 billion in December 2012. The medium and long-term debt stood at EUR79.57 billion, while the short-term debt was EUR19.41 billion.

The country’s current account deficit narrowed to EUR5.04 billion in 2012, from a gap of EUR5.94 billion a year earlier, largely due to reduced income and trade deficits.