At the end of July, Romania’s current account balance ran a deficit of EUR347 million.

The deficit of the primary income balance, which covers funds from investment and employment, narrowed by EUR372 million, to EUR2.01 billion.

The goods and services balance posted a deficit of EUR223 million and the balance of transfers, or secondary income, posted surplus of EUR1.655 billion, the data showed.

Foreign direct investments stood at EUR2.299 billion in January-August.

Romania’s total external debt stood at EUR89.77 billion at the end of August, down from EUR94.3 billion end-December. Long-term external debt was EUR70.12 billion at the end of August, down 7.5% compared with end-December 2014.

The short-term debt was EUR19.64 billion, 3.9% higher than at the end of December 2014.