At the end of September, Romania’s current account ran a deficit of EUR653 million.
The deficit of the primary income balance, which covers funds from investment and employment, stood at EUR3.14 billion, from EUR2.3 billion in the same period last year, while the the secondary income balance posted a surplus of EUR2.35 billion, from EUR1.43 billion.
The goods and services balance posted a deficit of EUR109 million, from a surplus of EUR378 million in the same period last year.
Foreign direct investments stood at EUR2.78 billion in January-October. Of these, equity stakes (including estimated net reinvestment of earnings) amounted to EUR2.71 billion and net intra-group lending stood at EUR65 million.
Romania’s external debt amounted to EUR90.526 billion at the end of October, down from EUR94.75 billion end-September. Long term debt, which accounts for 78.5% of the total, stood at EUR71.05 at the end of October and short term debt stood at EUR19.47 billion.