Of the total FDI, equity stakes consolidated with estimated net loss reached EUR 119 million, while intragroup loans amounted to EUR 125 million, central bank data showed.

Romania’s current account balance posted a surplus of 388 million euro in January, higher than EUR 267 million in the same month of 2013, helped by a surplus in the services and current transfers segments and lower trade deficit, central bank data showed.

Short-term external debt in January totaled EUR 18.29 billion, or 18.9 percent of total external debt, down 6.2 percent.

Romania’s current account deficit was decreased by 74 percent to EUR 1.5 billion in 2013, from EUR 5.8 billion the year before, Romania’s Central Bank BNR reported previously.

The trade balance reduced its deficit from EUR 7.37 billion to EUR 3.42 billion, while the services surplus doubled its worth, to EUR 2.58 billion. (Source: business-review.eu)