Romania 8-Mo FDI Falls 36% To EUR1.95B

Romanian foreign direct investment, or FDI, fell 35.9% to EUR1.95 billion in the first eight months, from EUR3.05 billion in the year-earlier period, the central bank said Wednesday.

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Equity stakes (including reinvested profit) stood at EUR1.27 billion in January to August, while intra-group loans amounted to EUR683 million.

FDI covered nearly half of the country's current account deficit in the first eight months of 2010.

Romania's current account deficit widened 48.7% to EUR4.07 billion in January-August period.

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