The primary income balance, which covers funds from investment and employment, posted a surplus of EUR91 million in the first quarter compared with a deficit of EUR589 million in the first quarter of 2018.

The goods and services balance recorded a deficit of EUR1.783 billion compared with a deficit of EUR776 million in the first quarter of 2018.

The secondary income balance posted a surplus of EUR480 million in the first quarter, from a surplus of EUR338 million in the first quarter of 2018.

Foreign direct investment stood at EUR1.243 billion in the first quarter, compared with EUR1.555 billion in the same period last year.

Of total FDI, equity stakes (including estimated net reinvestment of earnings) amounted to EUR854 million, while net intra-group lending stood at EUR389 million, the data showed.

Romania’s total external debt grew by EUR397 million from end-2018, standing at EUR99.814 billion at the end of March. Long-term debt stood at EUR67.427 billion, accounting for 67.6% of the total external debt.