February FDI figures are mixed
May 2012 - From the Print Edition
Foreign direct investment totaled EUR 253 million in the first two months, down 22 percent from the same period last year, while the foreign flow capital attracted in Romania increased significantly from January, according to the National Bank (BNR). In February FDI was about EUR 230 million, well above the level in January, when the bank reported only EUR 23 million. Over January and February 2011, foreign investments amounted to EUR 325 million. According to data published by BNR, equity to capital consolidated with net loss totaled EUR 410 billion, while intra-group loans accounted for a net amount of EUR 157 million. Foreign direct investment financed 38.1 percent of the current account deficit during January-February 2012, or EUR 663 million. Last year, FDI decreased by 13.6 percent on 2010 to EUR 1.917 billion, a low over the last nine years.
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