Tag: current account

FDI amounted to 2.97 billion euros after the first seven months of 2009. BNR mentioned most of the foreign direct investments drew in the first seven months were capital participations, respectively 1.32 billion euros, while 580 million euros entered the country as intra-group credits....

The August excess is mainly due to the massive narrowing of the trade deficit, generated by the economic downturn, which means that imports fell considerably, and less money exited the country. The crisis has also affected capital entries in the form of foreign investments. Foreign...