Wednesday, November 11, 2009

Romania Jan-Sept C/A deficit shrinks 74.6 pct y/y

BUCHAREST, Nov 11 (Reuters) - Romania's current account deficit shrank 74.6 percent year-on-year to 3.3 billion euros in January-September, the central bank said on Wednesday.

The external shortfall has been one of Romania's major vulnerabilities in the face of the world financial crisis and one of the main reasons that made it sought 20 billion euros in IMF-led aid earlier this year.

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