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2003: soaring current account deficit and record-high revenues for retail
An optimist always sees the glass as half-full, whereas a pessimist only notices the empty half. However, now that the time has come to draw the line and summarise the year that has almost p...
Current account deficit up 30%
The current account of Romania's balance of payments posted 1,386 million-euro deficit in seven months, up 30.3% from the year-ago period. According to data released by the National Bank of...
Current account deficit up 30%
The current account of Romania's balance of payments posted 1,386 million-euro deficit in seven months, up 30.3% from the year-ago period. According to data released by the National Bank of...
Trade balance deficit adds to current account imbalance
The current account deficit of Romania's balance of payments went up 281 million euros in June, reaching 1.246 billion euros in the first half, up 27.3% since the year-ago period, according...
Imports push current account deficit up
Five months through the year, Romania's current account deficit had gone beyond one billion dollars. If calculated in euros, the imbalance had reached 967 million euros, up 46.7% from the sa...
Current account deficit climbs
The current account can no longer rely on financing from current transfers, primarily fed by the money sent back home by those working abroad, as it used to in the previous years. Even thoug...
Current account looking better
Two months through the year the current account deficit in Romania's balance of payments was worth $72 million, more than 50% lower than in the same time of 2002. After last year's performan...
Shy debut for Romania's current account deficit
The current account of Romania's balance of foreign payments came up short of 15 million dollars at the end of this January, three times less than in the first month of last year, given that...
NBR puts current account worries to rest
The current account deficit of the balance of payments for 2002 will remain below 4% of the Gross Domestic Product (GDP), preliminary data show, which is significantly less than anticipated...