The primary income balance, which covers funds from investment and employment, posted a deficit of EUR2.93 billion in the first five months, from a deficit of EUR1.23 in the same period last year, while the goods and services balance recorded a deficit of EUR720 million, from a surplus of EUR303 million in the same period last year.

The secondary income balance posted a surplus of EUR1.05 billion, from a surplus of EUR969 million in January-May 2015.

Foreign direct investment stood at EUR1.1 billion, of which equity stakes (including estimated net reinvestment of earnings) amounted to EUR1.7 billion, while net intra-group lending stood at negative EUR592 million.

Romania’s total external debt decreased to EUR88 billion at the end of May from EUR90 billion end-December 2015. Long-term debt stood at EUR69.93 billion, accounting for 79.5% of total external debt.