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Romania: Surplus in Balance of Payments

Published: March 15, 2013; 10:14 · (Vindobona)

In January, the balance-of-payments current account posted a surplus of EUR 465 million Y/Y.

Romania: Surplus in Balance of Payments / Picture: © Flickr

In January 2013, the balance-of-payments current account posted a surplus of EUR 465 million as compared with a deficit of EUR 25 million in January 2012, due to services going into surplus (EUR 125 million, from a deficit of EUR 105 million), the decrease in trade balance and income deficits (by EUR 163 million and EUR 31 million respectively) and the increase in current transfers…

This article includes a total of 175 words.

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