BNR: 11-month balance of payments runs deficit of over EUR 4.2 bln

Romania's balance of payments current account was running a deficit of 4.230 billion euros on Nov. 30, 2011, down 6.6 percent from the same period of the year before, the National Bank of Romania said in a release on Friday.This deficit reduction was mainly due to the narrowing of the trade balance gap by 11.7 percent. Between January - November 2011 the current account was 38.7 percent financed by direct investments of the non-residents, that totalled 1.639 billion euros ...

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