Romania’s CA deficit hits 7.9% of GDP in 12 months to August
Romania’s current account (CA) deficit increased by 25% y/y to EUR 2.8 bln in August 2024 amid the general deterioration of the external balance across nearly all chapters except for the transfer of funds to non-government (households mainly), according to data published by the National bank of Romania (BNR). The deficit in 12 months ending…