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Romanian balance of payments and external debt - July 2015 (central bank statement)

Autor: Bancherul.ro
2015-09-14 14:33

Romanian balance of payments and external debt - July 2015 (Romanian National Bank statement):


In January - July 2015p, the balance-of-payments current account posted a deficit of EUR 347 million as compared with EUR 997 million in the same year-ago period, amid the narrowing of the primary income deficit (by EUR 595 million), together with the widening of the services and secondary income surpluses (by EUR 310 million and EUR 276 million, respectively).


Non-residents' direct investment in Romania (estimates) totalled EUR 2,084 million, of which equity (including estimated net reinvestment of earnings) amounted to EUR 1,228 million and intercompany lending to EUR 856 million (net).


Long-term external debt at end-July 2015 stood at EUR 70,494 million (77.8 percent of total external debt), down 6.9 percent from end-2014.


Short-term external debt at end-July 2015 amounted to EUR 20,096 million (22.2 percent of total external debt), up 8.2 percent from end-2014.


In the period under review, the total external debt declined by EUR 3,712 million.